Nabaltec Balance Sheet Health
Financial Health criteria checks 6/6
Nabaltec has a total shareholder equity of €145.9M and total debt of €91.7M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are €294.4M and €148.5M respectively. Nabaltec's EBIT is €18.9M making its interest coverage ratio 7.9. It has cash and short-term investments of €113.4M.
Key information
62.8%
Debt to equity ratio
€91.65m
Debt
| Interest coverage ratio | 7.9x |
| Cash | €113.42m |
| Equity | €145.94m |
| Total liabilities | €148.47m |
| Total assets | €294.42m |
Recent financial health updates
Does Nabaltec (ETR:NTG) Have A Healthy Balance Sheet?
Mar 30
Nabaltec (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 01Nabaltec (ETR:NTG) Has A Somewhat Strained Balance Sheet
Mar 01Recent updates
What 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 (€171.0M) exceed its short term liabilities (€25.5M).
Long Term Liabilities: NTG's short term assets (€171.0M) exceed its long term liabilities (€123.0M).
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 71.4% to 62.8% over the past 5 years.
Debt Coverage: NTG's debt is well covered by operating cash flow (40.3%).
Interest Coverage: NTG's interest payments on its debt are well covered by EBIT (7.9x coverage).