Nagarro Balance Sheet Health
Financial Health criteria checks 5/6
Nagarro has a total shareholder equity of €222.2M and total debt of €280.5M, which brings its debt-to-equity ratio to 126.2%. Its total assets and total liabilities are €731.5M and €509.3M respectively. Nagarro's EBIT is €97.8M making its interest coverage ratio 5.9. It has cash and short-term investments of €141.0M.
Key information
126.2%
Debt to equity ratio
€280.46m
Debt
| Interest coverage ratio | 5.9x |
| Cash | €141.02m |
| Equity | €222.25m |
| Total liabilities | €509.25m |
| Total assets | €731.50m |
Recent financial health updates
Recent updates
Nagarro's (ETR:NA9) Solid Earnings Have Been Accounted For Conservatively
Nov 22
Analysts Have Been Trimming Their Nagarro SE (ETR:NA9) Price Target After Its Latest Report
Nov 18Is Now An Opportune Moment To Examine Nagarro SE (ETR:NA9)?
Nov 07Are Investors Undervaluing Nagarro SE (ETR:NA9) By 38%?
Oct 23After Leaping 26% Nagarro SE (ETR:NA9) Shares Are Not Flying Under The Radar
Oct 05Nagarro (ETR:NA9) Has A Pretty Healthy Balance Sheet
Sep 15Financial Position Analysis
Short Term Liabilities: NA9's short term assets (€415.1M) exceed its short term liabilities (€167.2M).
Long Term Liabilities: NA9's short term assets (€415.1M) exceed its long term liabilities (€342.1M).
Debt to Equity History and Analysis
Debt Level: NA9's net debt to equity ratio (62.7%) is considered high.
Reducing Debt: NA9's debt to equity ratio has reduced from 164.2% to 126.2% over the past 5 years.
Debt Coverage: NA9's debt is well covered by operating cash flow (36.1%).
Interest Coverage: NA9's interest payments on its debt are well covered by EBIT (5.9x coverage).