Nilfisk Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nilfisk Holding has a total shareholder equity of €275.0M and total debt of €208.0M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are €814.0M and €539.0M respectively. Nilfisk Holding's EBIT is €61.3M making its interest coverage ratio 13.3. It has cash and short-term investments of €23.3M.
Key information
75.6%
Debt to equity ratio
€208.00m
Debt
| Interest coverage ratio | 13.3x |
| Cash | €23.30m |
| Equity | €275.00m |
| Total liabilities | €539.00m |
| Total assets | €814.00m |
Recent financial health updates
Here's Why Nilfisk Holding (CPH:NLFSK) Can Manage Its Debt Responsibly
Nov 18
Does Nilfisk Holding (CPH:NLFSK) Have A Healthy Balance Sheet?
Mar 18Recent updates
Nilfisk Holding's (CPH:NLFSK) Soft Earnings Don't Show The Whole Picture
Feb 22Analyst Estimates: Here's What Brokers Think Of Nilfisk Holding A/S (CPH:NLFSK) After Its Full-Year Report
Feb 18Some Shareholders Feeling Restless Over Nilfisk Holding A/S' (CPH:NLFSK) P/E Ratio
Aug 25Is It Time To Consider Buying Nilfisk Holding A/S (CPH:NLFSK)?
May 03Are Investors Undervaluing Nilfisk Holding A/S (CPH:NLFSK) By 34%?
Dec 31Here's Why Nilfisk Holding (CPH:NLFSK) Can Manage Its Debt Responsibly
Nov 18At kr.143, Is Nilfisk Holding A/S (CPH:NLFSK) Worth Looking At Closely?
Sep 23Here's What To Make Of Nilfisk Holding's (CPH:NLFSK) Decelerating Rates Of Return
May 07Is Now The Time To Look At Buying Nilfisk Holding A/S (CPH:NLFSK)?
Apr 06Does Nilfisk Holding (CPH:NLFSK) Have A Healthy Balance Sheet?
Mar 18Returns On Capital At Nilfisk Holding (CPH:NLFSK) Have Stalled
Jan 13Should You Think About Buying Nilfisk Holding A/S (CPH:NLFSK) Now?
Dec 14Earnings Update: Nilfisk Holding A/S (CPH:NLFSK) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Nov 27Financial Position Analysis
Short Term Liabilities: NLFSK's short term assets (€395.4M) exceed its short term liabilities (€269.3M).
Long Term Liabilities: NLFSK's short term assets (€395.4M) exceed its long term liabilities (€269.7M).
Debt to Equity History and Analysis
Debt Level: NLFSK's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: NLFSK's debt to equity ratio has reduced from 264.3% to 75.6% over the past 5 years.
Debt Coverage: NLFSK's debt is well covered by operating cash flow (68.8%).
Interest Coverage: NLFSK's interest payments on its debt are well covered by EBIT (13.3x coverage).