NTG Nordic Transport Group Balance Sheet Health
Financial Health criteria checks 5/6
NTG Nordic Transport Group has a total shareholder equity of DKK1.3B and total debt of DKK699.0M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are DKK4.6B and DKK3.3B respectively. NTG Nordic Transport Group's EBIT is DKK561.0M making its interest coverage ratio 9.8. It has cash and short-term investments of DKK501.0M.
Key information
55.6%
Debt to equity ratio
DKK 699.00m
Debt
| Interest coverage ratio | 9.8x |
| Cash | DKK 501.00m |
| Equity | DKK 1.26b |
| Total liabilities | DKK 3.34b |
| Total assets | DKK 4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRSA's short term assets (DKK2.2B) exceed its short term liabilities (DKK2.1B).
Long Term Liabilities: NRSA's short term assets (DKK2.2B) exceed its long term liabilities (DKK1.2B).
Debt to Equity History and Analysis
Debt Level: NRSA's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: NRSA's debt to equity ratio has increased from 10.7% to 55.6% over the past 5 years.
Debt Coverage: NRSA's debt is well covered by operating cash flow (65.7%).
Interest Coverage: NRSA's interest payments on its debt are well covered by EBIT (9.8x coverage).