NCC Balance Sheet Health
Financial Health criteria checks 3/6
NCC has a total shareholder equity of SEK7.4B and total debt of SEK5.6B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are SEK31.5B and SEK24.0B respectively. NCC's EBIT is SEK1.3B making its interest coverage ratio 19.7. It has cash and short-term investments of SEK1.4B.
Key information
75.3%
Debt to equity ratio
kr5.58b
Debt
| Interest coverage ratio | 19.7x |
| Cash | kr1.43b |
| Equity | kr7.40b |
| Total liabilities | kr24.05b |
| Total assets | kr31.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCGB's short term assets (SEK23.4B) exceed its short term liabilities (SEK17.3B).
Long Term Liabilities: NCGB's short term assets (SEK23.4B) exceed its long term liabilities (SEK6.7B).
Debt to Equity History and Analysis
Debt Level: NCGB's net debt to equity ratio (56%) is considered high.
Reducing Debt: NCGB's debt to equity ratio has increased from 72.9% to 75.3% over the past 5 years.
Debt Coverage: NCGB's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: NCGB's interest payments on its debt are well covered by EBIT (19.7x coverage).