NNIT Balance Sheet Health
Financial Health criteria checks 4/6
NNIT has a total shareholder equity of DKK876.0M and total debt of DKK471.0M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are DKK1.9B and DKK1.0B respectively. NNIT's EBIT is DKK127.0M making its interest coverage ratio -127. It has cash and short-term investments of DKK162.0M.
Key information
53.8%
Debt to equity ratio
DKK 471.00m
Debt
| Interest coverage ratio | -127x |
| Cash | DKK 162.00m |
| Equity | DKK 876.00m |
| Total liabilities | DKK 1.03b |
| Total assets | DKK 1.90b |
Recent financial health updates
Recent updates
NNIT A/S (CPH:NNIT) Might Not Be As Mispriced As It Looks After Plunging 27%
Nov 14
A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 26% Share Price Climb
Sep 27At kr.134, Is It Time To Put NNIT A/S (CPH:NNIT) On Your Watch List?
Sep 24NNIT's (CPH:NNIT) Earnings Are Of Questionable Quality
Sep 02A Piece Of The Puzzle Missing From NNIT A/S' (CPH:NNIT) 27% Share Price Climb
Feb 20Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital
May 10NNIT (CPH:NNIT) May Have Issues Allocating Its Capital
Jan 29Here's What's Concerning About NNIT's (CPH:NNIT) Returns On Capital
Jun 01Estimating The Fair Value Of NNIT A/S (CPH:NNIT)
May 19When Should You Buy NNIT A/S (CPH:NNIT)?
May 06Should You Buy NNIT A/S (CPH:NNIT) For Its 1.9% Dividend?
Mar 30Is NNIT (CPH:NNIT) Using Too Much Debt?
Mar 18Do These 3 Checks Before Buying NNIT A/S (CPH:NNIT) For Its Upcoming Dividend
Mar 07Is NNIT (CPH:NNIT) Likely To Turn Things Around?
Feb 24NNIT A/S' (CPH:NNIT) Dismal Stock Performance Reflects Weak Fundamentals
Feb 12NNIT A/S Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 01Estimating The Intrinsic Value Of NNIT A/S (CPH:NNIT)
Jan 19
How Many NNIT A/S (CPH:NNIT) Shares Do Institutions Own?
Jan 05Should NNIT A/S (CPH:NNIT) Be Part Of Your Dividend Portfolio?
Dec 22How Does NNIT's (CPH:NNIT) CEO Pay Compare With Company Performance?
Dec 03Is Now An Opportune Moment To Examine NNIT A/S (CPH:NNIT)?
Nov 23Financial Position Analysis
Short Term Liabilities: NNIT's short term assets (DKK996.0M) exceed its short term liabilities (DKK676.0M).
Long Term Liabilities: NNIT's short term assets (DKK996.0M) exceed its long term liabilities (DKK351.0M).
Debt to Equity History and Analysis
Debt Level: NNIT's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: NNIT's debt to equity ratio has increased from 38.1% to 53.8% over the past 5 years.
Debt Coverage: NNIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NNIT earns more interest than it pays, so coverage of interest payments is not a concern.