Nabaltec Balance Sheet Health
Financial Health criteria checks 6/6
Nabaltec has a total shareholder equity of €147.8M and total debt of €90.6M, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are €294.2M and €146.5M respectively. Nabaltec's EBIT is €21.4M making its interest coverage ratio 9.3. It has cash and short-term investments of €93.1M.
Key information
61.3%
Debt to equity ratio
€90.62m
Debt
Interest coverage ratio | 9.3x |
Cash | €93.07m |
Equity | €147.76m |
Total liabilities | €146.45m |
Total assets | €294.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTG's short term assets (€149.5M) exceed its short term liabilities (€23.3M).
Long Term Liabilities: NTG's short term assets (€149.5M) exceed its long term liabilities (€123.1M).
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 69.6% to 61.3% over the past 5 years.
Debt Coverage: NTG's debt is well covered by operating cash flow (28.9%).
Interest Coverage: NTG's interest payments on its debt are well covered by EBIT (9.3x coverage).