NKT Balance Sheet Health
Financial Health criteria checks 6/6
NKT has a total shareholder equity of €1.6B and total debt of €143.5M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are €3.6B and €2.0B respectively. NKT's EBIT is €165.1M making its interest coverage ratio -91.7. It has cash and short-term investments of €887.9M.
Key information
9.1%
Debt to equity ratio
€143.50m
Debt
| Interest coverage ratio | -91.7x |
| Cash | €887.90m |
| Equity | €1.58b |
| Total liabilities | €2.03b |
| Total assets | €3.60b |
Recent financial health updates
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?
Mar 30
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely
Dec 15These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely
Sep 04NKT (CPH:NKT) Could Easily Take On More Debt
May 06NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet
Feb 02We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt
Nov 01Recent updates
NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up
Apr 28Should You Be Adding NKT (CPH:NKT) To Your Watchlist Today?
Apr 15Does NKT (CPH:NKT) Have A Healthy Balance Sheet?
Mar 30What Does NKT A/S's (CPH:NKT) Share Price Indicate?
Mar 15NKT A/S Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next
Feb 25The Return Trends At NKT (CPH:NKT) Look Promising
Feb 21With NKT A/S (CPH:NKT) It Looks Like You'll Get What You Pay For
Jan 04These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely
Dec 15Here's Why NKT (CPH:NKT) Has Caught The Eye Of Investors
Nov 30Is NKT A/S (CPH:NKT) Potentially Undervalued?
Nov 09NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital
Oct 08These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely
Sep 04If EPS Growth Is Important To You, NKT (CPH:NKT) Presents An Opportunity
Aug 16Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?
Jul 19NKT A/S (CPH:NKT) Might Not Be As Mispriced As It Looks
Jun 28NKT (CPH:NKT) Could Easily Take On More Debt
May 06Investors Will Want NKT's (CPH:NKT) Growth In ROCE To Persist
Apr 17Why NKT A/S (CPH:NKT) Could Be Worth Watching
Feb 23NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet
Feb 02We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt
Nov 01Should You Think About Buying NKT A/S (CPH:NKT) Now?
Jul 30These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively
Jul 11Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?
Jun 14NKT's (CPH:NKT) Earnings Are Of Questionable Quality
May 26Should You Investigate NKT A/S (CPH:NKT) At kr.318?
Apr 13We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NKT A/S' (CPH:NKT) CEO For Now
Mar 17Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?
Mar 07These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively
Nov 17Is NKT A/S (CPH:NKT) Trading At A 48% Discount?
Oct 21Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?
Jul 30Calculating The Fair Value Of NKT A/S (CPH:NKT)
Jul 08Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?
Apr 19NKT A/S' (CPH:NKT) Intrinsic Value Is Potentially 57% Above Its Share Price
Mar 28When Can We Expect A Profit From NKT A/S (CPH:NKT)?
Mar 07NKT (CPH:NKT) Has Compensated Shareholders With A Respectable 86% Return On Their Investment
Feb 08What Kind Of Investors Own Most Of NKT A/S (CPH:NKT)?
Dec 17
Financial Position Analysis
Short Term Liabilities: NKT's short term assets (€2.0B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: NKT's short term assets (€2.0B) exceed its long term liabilities (€282.9M).
Debt to Equity History and Analysis
Debt Level: NKT has more cash than its total debt.
Reducing Debt: NKT's debt to equity ratio has reduced from 30.9% to 9.1% over the past 5 years.
Debt Coverage: NKT's debt is well covered by operating cash flow (377.1%).
Interest Coverage: NKT earns more interest than it pays, so coverage of interest payments is not a concern.