NRJ Group Balance Sheet Health
Financial Health criteria checks 6/6
NRJ Group has a total shareholder equity of €698.5M and total debt of €20.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €892.9M and €194.4M respectively. NRJ Group's EBIT is €55.8M making its interest coverage ratio -4.5. It has cash and short-term investments of €330.8M.
Key information
0.003%
Debt to equity ratio
€20.00k
Debt
| Interest coverage ratio | -4.5x |
| Cash | €330.83m |
| Equity | €698.52m |
| Total liabilities | €194.39m |
| Total assets | €892.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NR8's short term assets (€492.0M) exceed its short term liabilities (€143.7M).
Long Term Liabilities: NR8's short term assets (€492.0M) exceed its long term liabilities (€50.7M).
Debt to Equity History and Analysis
Debt Level: NR8 has more cash than its total debt.
Reducing Debt: NR8's debt to equity ratio has reduced from 3.1% to 0% over the past 5 years.
Debt Coverage: NR8's debt is well covered by operating cash flow (325960%).
Interest Coverage: NR8 earns more interest than it pays, so coverage of interest payments is not a concern.