Nilfisk Holding Balance Sheet Health
Financial Health criteria checks 4/6
Nilfisk Holding has a total shareholder equity of €303.8M and total debt of €222.4M, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are €867.6M and €563.8M respectively. Nilfisk Holding's EBIT is €64.7M making its interest coverage ratio 4.9. It has cash and short-term investments of €24.5M.
Key information
73.2%
Debt to equity ratio
€222.40m
Debt
| Interest coverage ratio | 4.9x |
| Cash | €24.50m |
| Equity | €303.80m |
| Total liabilities | €563.80m |
| Total assets | €867.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NF1's short term assets (€441.1M) do not cover its short term liabilities (€479.8M).
Long Term Liabilities: NF1's short term assets (€441.1M) exceed its long term liabilities (€84.0M).
Debt to Equity History and Analysis
Debt Level: NF1's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: NF1's debt to equity ratio has reduced from 255.4% to 73.2% over the past 5 years.
Debt Coverage: NF1's debt is well covered by operating cash flow (46.7%).
Interest Coverage: NF1's interest payments on its debt are well covered by EBIT (4.9x coverage).