NKT Balance Sheet Health
Financial Health criteria checks 6/6
NKT has a total shareholder equity of €1.9B and total debt of €223.0M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are €4.5B and €2.6B respectively. NKT's EBIT is €220.1M making its interest coverage ratio -5.7. It has cash and short-term investments of €1.4B.
Key information
11.9%
Debt to equity ratio
€223.00m
Debt
| Interest coverage ratio | -5.7x |
| Cash | €1.36b |
| Equity | €1.87b |
| Total liabilities | €2.62b |
| Total assets | €4.49b |
Recent financial health updates
NKT (CPH:NKT) Could Easily Take On More Debt
Oct 04
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?
Jul 03Does NKT (CPH:NKT) Have A Healthy Balance Sheet?
Mar 30These 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 06Recent updates
At kr.529, Is It Time To Put NKT A/S (CPH:NKT) On Your Watch List?
Dec 08NKT's (CPH:NKT) Strong Earnings Are Of Good Quality
Nov 22Returns On Capital Are Showing Encouraging Signs At NKT (CPH:NKT)
Nov 07NKT (CPH:NKT) Could Easily Take On More Debt
Oct 04With EPS Growth And More, NKT (CPH:NKT) Makes An Interesting Case
Sep 04Should You Investigate NKT A/S (CPH:NKT) At kr.630?
Aug 17Getting In Cheap On NKT A/S (CPH:NKT) Might Be Difficult
Aug 02Does NKT (CPH:NKT) Have A Healthy Balance Sheet?
Jul 03NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital
Jun 06NKT 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 26Financial Position Analysis
Short Term Liabilities: NKT's short term assets (€2.6B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: NKT's short term assets (€2.6B) exceed its long term liabilities (€307.0M).
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 40.1% to 11.9% over the past 5 years.
Debt Coverage: NKT's debt is well covered by operating cash flow (474.5%).
Interest Coverage: NKT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 10:21 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NKT A/S is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xin Wang | Barclays |
| Bastien Agaud | Berenberg |
| Claus Almer Nielsen | Carnegie Investment Bank AB |