NNIT Balance Sheet Health
Financial Health criteria checks 4/6
NNIT has a total shareholder equity of DKK876.0M and total debt of DKK471.0M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are DKK1.9B and DKK1.0B respectively. NNIT's EBIT is DKK127.0M making its interest coverage ratio -127. It has cash and short-term investments of DKK162.0M.
Key information
53.8%
Debt to equity ratio
DKK 471.00m
Debt
| Interest coverage ratio | -127x |
| Cash | DKK 162.00m |
| Equity | DKK 876.00m |
| Total liabilities | DKK 1.03b |
| Total assets | DKK 1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5NN's short term assets (DKK996.0M) exceed its short term liabilities (DKK676.0M).
Long Term Liabilities: 5NN's short term assets (DKK996.0M) exceed its long term liabilities (DKK351.0M).
Debt to Equity History and Analysis
Debt Level: 5NN's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 5NN's debt to equity ratio has increased from 38.1% to 53.8% over the past 5 years.
Debt Coverage: 5NN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5NN earns more interest than it pays, so coverage of interest payments is not a concern.