NKT Balance Sheet Health

Financial Health criteria checks 6/6

NKT has a total shareholder equity of €1.8B and total debt of €227.0M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are €4.6B and €2.8B respectively. NKT's EBIT is €208.1M making its interest coverage ratio -21.2. It has cash and short-term investments of €1.5B.

Key information

12.4%

Debt to equity ratio

€227.00m

Debt

Interest coverage ratio-21.2x
Cash€1.50b
Equity€1.83b
Total liabilities€2.77b
Total assets€4.60b

Recent financial health updates

Recent updates

Should You Investigate NKT A/S (CPH:NKT) At kr.630?

Aug 17
Should You Investigate NKT A/S (CPH:NKT) At kr.630?

Getting In Cheap On NKT A/S (CPH:NKT) Might Be Difficult

Aug 02
Getting In Cheap On NKT A/S (CPH:NKT) Might Be Difficult

Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

Jul 03
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

Jun 06
NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up

Apr 28
NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up

Should You Be Adding NKT (CPH:NKT) To Your Watchlist Today?

Apr 15
Should You Be Adding NKT (CPH:NKT) To Your Watchlist Today?

Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

Mar 30
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

What Does NKT A/S's (CPH:NKT) Share Price Indicate?

Mar 15
What Does NKT A/S's (CPH:NKT) Share Price Indicate?

NKT A/S Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next

Feb 25
NKT A/S Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next

The Return Trends At NKT (CPH:NKT) Look Promising

Feb 21
The Return Trends At NKT (CPH:NKT) Look Promising

With NKT A/S (CPH:NKT) It Looks Like You'll Get What You Pay For

Jan 04
With NKT A/S (CPH:NKT) It Looks Like You'll Get What You Pay For

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Dec 15
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Here's Why NKT (CPH:NKT) Has Caught The Eye Of Investors

Nov 30
Here's Why NKT (CPH:NKT) Has Caught The Eye Of Investors

Is NKT A/S (CPH:NKT) Potentially Undervalued?

Nov 09
Is NKT A/S (CPH:NKT) Potentially Undervalued?

NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

Oct 08
NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Sep 04
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

If EPS Growth Is Important To You, NKT (CPH:NKT) Presents An Opportunity

Aug 16
If EPS Growth Is Important To You, NKT (CPH:NKT) Presents An Opportunity

Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

Jul 19
Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

NKT A/S (CPH:NKT) Might Not Be As Mispriced As It Looks

Jun 28
NKT A/S (CPH:NKT) Might Not Be As Mispriced As It Looks

NKT (CPH:NKT) Could Easily Take On More Debt

May 06
NKT (CPH:NKT) Could Easily Take On More Debt

Investors Will Want NKT's (CPH:NKT) Growth In ROCE To Persist

Apr 17
Investors Will Want NKT's (CPH:NKT) Growth In ROCE To Persist

Why NKT A/S (CPH:NKT) Could Be Worth Watching

Feb 23
Why NKT A/S (CPH:NKT) Could Be Worth Watching

NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet

Feb 02
NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet

We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt

Nov 01
We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt

Should You Think About Buying NKT A/S (CPH:NKT) Now?

Jul 30
Should You Think About Buying NKT A/S (CPH:NKT) Now?

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Jul 11
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?

Jun 14
Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?

NKT's (CPH:NKT) Earnings Are Of Questionable Quality

May 26
NKT's (CPH:NKT) Earnings Are Of Questionable Quality

Should You Investigate NKT A/S (CPH:NKT) At kr.318?

Apr 13
Should You Investigate NKT A/S (CPH:NKT) At kr.318?

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NKT A/S' (CPH:NKT) CEO For Now

Mar 17
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NKT A/S' (CPH:NKT) CEO For Now

Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?

Mar 07
Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Nov 17
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Is NKT A/S (CPH:NKT) Trading At A 48% Discount?

Oct 21
Is NKT A/S (CPH:NKT) Trading At A 48% Discount?

Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

Jul 30
Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

Calculating The Fair Value Of NKT A/S (CPH:NKT)

Jul 08
Calculating The Fair Value Of NKT A/S (CPH:NKT)

Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?

Apr 19
Health Check: How Prudently Does NKT (CPH:NKT) Use Debt?

Financial Position Analysis

Short Term Liabilities: NKT's short term assets (€2.8B) exceed its short term liabilities (€2.5B).

Long Term Liabilities: NKT's short term assets (€2.8B) exceed its long term liabilities (€302.0M).


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 36.9% to 12.4% over the past 5 years.

Debt Coverage: NKT's debt is well covered by operating cash flow (537.9%).

Interest Coverage: NKT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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