NNIT Balance Sheet Health
Financial Health criteria checks 4/6
NNIT has a total shareholder equity of DKK827.0M and total debt of DKK267.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are DKK2.0B and DKK1.2B respectively. NNIT's EBIT is DKK116.0M making its interest coverage ratio 3.9. It has cash and short-term investments of DKK254.0M.
Key information
32.3%
Debt to equity ratio
kr.267.00m
Debt
Interest coverage ratio | 3.9x |
Cash | kr.254.00m |
Equity | kr.827.00m |
Total liabilities | kr.1.15b |
Total assets | kr.1.98b |
Recent financial health updates
Recent updates
A 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 19How 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 (DKK858.0M) exceed its short term liabilities (DKK815.0M).
Long Term Liabilities: NNIT's short term assets (DKK858.0M) exceed its long term liabilities (DKK335.0M).
Debt to Equity History and Analysis
Debt Level: NNIT's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: NNIT's debt to equity ratio has increased from 22.4% to 32.3% over the past 5 years.
Debt Coverage: NNIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NNIT's interest payments on its debt are well covered by EBIT (3.9x coverage).