Nabaltec Balance Sheet Health
Financial Health criteria checks 6/6
Nabaltec has a total shareholder equity of €150.2M and total debt of €91.3M, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are €297.1M and €146.9M respectively. Nabaltec's EBIT is €22.7M making its interest coverage ratio 9.9. It has cash and short-term investments of €93.7M.
Key information
60.8%
Debt to equity ratio
€91.34m
Debt
| Interest coverage ratio | 9.9x |
| Cash | €93.71m |
| Equity | €150.21m |
| Total liabilities | €146.89m |
| Total assets | €297.10m |
Recent financial health updates
These 4 Measures Indicate That Nabaltec (ETR:NTG) Is Using Debt Reasonably Well
Aug 06
Does Nabaltec (ETR:NTG) Have A Healthy Balance Sheet?
Mar 30Nabaltec (ETR:NTG) Seems To Use Debt Quite Sensibly
Dec 24Is Nabaltec (ETR:NTG) A Risky Investment?
Jul 23Is Nabaltec (ETR:NTG) Using Too Much Debt?
Aug 01Recent updates
Analysts Have Been Trimming Their Nabaltec AG (ETR:NTG) Price Target After Its Latest Report
Nov 24These 4 Measures Indicate That Nabaltec (ETR:NTG) Is Using Debt Reasonably Well
Aug 06What Is Nabaltec AG's (ETR:NTG) Share Price Doing?
Mar 08Nabaltec AG's (ETR:NTG) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 22Nabaltec (ETR:NTG) Is Increasing Its Dividend To €0.28
May 04What Does Nabaltec AG's (ETR:NTG) Share Price Indicate?
Apr 27Does Nabaltec (ETR:NTG) Have A Healthy Balance Sheet?
Mar 30Nabaltec (ETR:NTG) Seems To Use Debt Quite Sensibly
Dec 24Is Nabaltec (ETR:NTG) A Risky Investment?
Jul 23Nabaltec's (ETR:NTG) Returns On Capital Are Heading Higher
Feb 20Is Nabaltec (ETR:NTG) Using Too Much Debt?
Aug 01Estimating The Fair Value Of Nabaltec AG (ETR:NTG)
May 24Is There Now An Opportunity In Nabaltec AG (ETR:NTG)?
May 07Is Nabaltec AG (ETR:NTG) A Smart Choice For Dividend Investors?
Mar 29We're Watching These Trends At Nabaltec (ETR:NTG)
Mar 16Nabaltec (ETR:NTG) Has A Somewhat Strained Balance Sheet
Mar 01Financial Position Analysis
Short Term Liabilities: NTG's short term assets (€149.1M) exceed its short term liabilities (€24.2M).
Long Term Liabilities: NTG's short term assets (€149.1M) exceed its long term liabilities (€122.7M).
Debt to Equity History and Analysis
Debt Level: NTG has more cash than its total debt.
Reducing Debt: NTG's debt to equity ratio has reduced from 67.3% to 60.8% over the past 5 years.
Debt Coverage: NTG's debt is well covered by operating cash flow (37%).
Interest Coverage: NTG's interest payments on its debt are well covered by EBIT (9.9x coverage).