Nordwest Handel Balance Sheet Health
Financial Health criteria checks 6/6
Nordwest Handel has a total shareholder equity of €110.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €446.3M and €336.2M respectively. Nordwest Handel's EBIT is €16.6M making its interest coverage ratio 16.9. It has cash and short-term investments of €21.7M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 16.9x |
| Cash | €21.70m |
| Equity | €110.10m |
| Total liabilities | €336.22m |
| Total assets | €446.32m |
Recent financial health updates
Is Nordwest Handel (FRA:NWX) A Risky Investment?
Oct 22
Is Nordwest Handel (FRA:NWX) Using Too Much Debt?
Feb 22Is Nordwest Handel (FRA:NWX) A Risky Investment?
Jun 11Here's Why Nordwest Handel (FRA:NWX) Can Manage Its Debt Responsibly
Feb 03
Recent updates
Why Nordwest Handel's (FRA:NWX) Earnings Are Better Than They Seem
Apr 05Investors Will Want Nordwest Handel's (FRA:NWX) Growth In ROCE To Persist
Sep 06Is Nordwest Handel (FRA:NWX) A Risky Investment?
Oct 22Is Nordwest Handel (FRA:NWX) Using Too Much Debt?
Feb 22Is Nordwest Handel (FRA:NWX) A Risky Investment?
Jun 11Nordwest Handel (FRA:NWX) Is Looking To Continue Growing Its Returns On Capital
May 08Investors Can Find Comfort In Nordwest Handel's (FRA:NWX) Earnings Quality
Apr 01Did You Participate In Any Of Nordwest Handel's (FRA:NWX) Respectable 93% Return?
Mar 11Key Things To Consider Before Buying Nordwest Handel AG (FRA:NWX) For Its Dividend
Feb 22Here's Why Nordwest Handel (FRA:NWX) Can Manage Its Debt Responsibly
Feb 03Does Nordwest Handel (FRA:NWX) Have The Makings Of A Multi-Bagger?
Jan 12Will Weakness in Nordwest Handel AG's (FRA:NWX) Stock Prove Temporary Given Strong Fundamentals?
Dec 22Did You Participate In Any Of Nordwest Handel's (FRA:NWX) Fantastic 103% Return ?
Nov 30Financial Position Analysis
Short Term Liabilities: NWX's short term assets (€415.1M) exceed its short term liabilities (€321.2M).
Long Term Liabilities: NWX's short term assets (€415.1M) exceed its long term liabilities (€15.0M).
Debt to Equity History and Analysis
Debt Level: NWX is debt free.
Reducing Debt: NWX has no debt compared to 5 years ago when its debt to equity ratio was 18.1%.
Debt Coverage: NWX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWX has no debt, therefore coverage of interest payments is not a concern.