Nacon Balance Sheet Health
Financial Health criteria checks 4/6
Nacon has a total shareholder equity of €263.6M and total debt of €111.4M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are €479.0M and €215.4M respectively. Nacon's EBIT is €5.7M making its interest coverage ratio 1.4. It has cash and short-term investments of €26.2M.
Key information
42.3%
Debt to equity ratio
€111.41m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €26.24m |
| Equity | €263.55m |
| Total liabilities | €215.41m |
| Total assets | €478.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4AW's short term assets (€108.5M) do not cover its short term liabilities (€118.1M).
Long Term Liabilities: 4AW's short term assets (€108.5M) exceed its long term liabilities (€97.3M).
Debt to Equity History and Analysis
Debt Level: 4AW's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 4AW's debt to equity ratio has reduced from 66.6% to 42.3% over the past 5 years.
Debt Coverage: 4AW's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 4AW's interest payments on its debt are not well covered by EBIT (1.4x coverage).