Netfonds Balance Sheet Health
Financial Health criteria checks 5/6
Netfonds has a total shareholder equity of €21.5M and total debt of €10.4M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are €72.3M and €50.8M respectively. Netfonds's EBIT is €2.7M making its interest coverage ratio 74. It has cash and short-term investments of €4.2M.
Key information
48.5%
Debt to equity ratio
€10.40m
Debt
| Interest coverage ratio | 74x |
| Cash | €4.24m |
| Equity | €21.45m |
| Total liabilities | €50.81m |
| Total assets | €72.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NF4's short term assets (€48.3M) exceed its short term liabilities (€38.5M).
Long Term Liabilities: NF4's short term assets (€48.3M) exceed its long term liabilities (€12.3M).
Debt to Equity History and Analysis
Debt Level: NF4's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: NF4's debt to equity ratio has reduced from 110.7% to 48.5% over the past 5 years.
Debt Coverage: NF4's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: NF4's interest payments on its debt are well covered by EBIT (74x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Netfonds AG is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Marenbach | Montega AG |
| Christoph Hoffmann | Montega AG |
| Frederik Jarchow | NuWays AG |