Netcompany Group Balance Sheet Health
Financial Health criteria checks 6/6
Netcompany Group has a total shareholder equity of DKK3.8B and total debt of DKK1.7B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are DKK8.2B and DKK4.3B respectively. Netcompany Group's EBIT is DKK578.5M making its interest coverage ratio 5.1. It has cash and short-term investments of DKK448.1M.
Key information
45.3%
Debt to equity ratio
kr.1.73b
Debt
Interest coverage ratio | 5.1x |
Cash | kr.448.10m |
Equity | kr.3.83b |
Total liabilities | kr.4.33b |
Total assets | kr.8.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 60N's short term assets (DKK3.2B) exceed its short term liabilities (DKK1.9B).
Long Term Liabilities: 60N's short term assets (DKK3.2B) exceed its long term liabilities (DKK2.4B).
Debt to Equity History and Analysis
Debt Level: 60N's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 60N's debt to equity ratio has reduced from 61.2% to 45.3% over the past 5 years.
Debt Coverage: 60N's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 60N's interest payments on its debt are well covered by EBIT (5.1x coverage).