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
Recent updates
Financial 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).