NCC Group Balance Sheet Health
Financial Health criteria checks 4/6
NCC Group has a total shareholder equity of £264.4M and total debt of £65.8M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are £499.3M and £234.9M respectively. NCC Group's EBIT is £9.9M making its interest coverage ratio 1.5. It has cash and short-term investments of £17.5M.
Key information
24.9%
Debt to equity ratio
UK£65.80m
Debt
Interest coverage ratio | 1.5x |
Cash | UK£17.50m |
Equity | UK£264.40m |
Total liabilities | UK£234.90m |
Total assets | UK£499.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NZB's short term assets (£109.4M) do not cover its short term liabilities (£137.3M).
Long Term Liabilities: NZB's short term assets (£109.4M) exceed its long term liabilities (£97.6M).
Debt to Equity History and Analysis
Debt Level: NZB's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: NZB's debt to equity ratio has reduced from 29.1% to 24.9% over the past 5 years.
Debt Coverage: NZB's debt is well covered by operating cash flow (33%).
Interest Coverage: NZB's interest payments on its debt are not well covered by EBIT (1.5x coverage).