Nordecon Balance Sheet Health
Financial Health criteria checks 5/6
Nordecon has a total shareholder equity of €26.9M and total debt of €11.3M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are €121.7M and €94.8M respectively. Nordecon's EBIT is €4.2M making its interest coverage ratio 1.6. It has cash and short-term investments of €11.5M.
Key information
41.9%
Debt to equity ratio
€11.29m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €11.48m |
| Equity | €26.93m |
| Total liabilities | €94.80m |
| Total assets | €121.73m |
Recent financial health updates
Here's Why Nordecon (TAL:NCN1T) Has A Meaningful Debt Burden
Nov 13
Is Nordecon (TAL:NCN1T) A Risky Investment?
Feb 07Is Nordecon (TAL:NCN1T) Using Too Much Debt?
Mar 08These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Extensively
Mar 30These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well
Dec 28
Recent updates
Revenues Not Telling The Story For Nordecon AS (TAL:NCN1T)
Nov 08Here's Why Nordecon (TAL:NCN1T) Has A Meaningful Debt Burden
Nov 13Is Nordecon (TAL:NCN1T) A Risky Investment?
Feb 07Investors Could Be Concerned With Nordecon's (TAL:NCN1T) Returns On Capital
Aug 16Is Nordecon (TAL:NCN1T) Using Too Much Debt?
Mar 08Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)
May 11These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Extensively
Mar 30Has Nordecon (TAL:NCN1T) Got What It Takes To Become A Multi-Bagger?
Mar 05Is Nordecon AS' (TAL:NCN1T) Stock's Recent Performance A Reflection Of Its Financial Health?
Feb 08Factors Income Investors Should Consider Before Adding Nordecon AS (TAL:NCN1T) To Their Portfolio
Jan 22Don't Race Out To Buy Nordecon AS (TAL:NCN1T) Just Because It's Going Ex-Dividend
Jan 02These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well
Dec 28Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)
Dec 07Financial Position Analysis
Short Term Liabilities: NCN1T's short term assets (€78.3M) exceed its short term liabilities (€78.2M).
Long Term Liabilities: NCN1T's short term assets (€78.3M) exceed its long term liabilities (€16.6M).
Debt to Equity History and Analysis
Debt Level: NCN1T has more cash than its total debt.
Reducing Debt: NCN1T's debt to equity ratio has reduced from 53.7% to 41.9% over the past 5 years.
Debt Coverage: NCN1T's debt is well covered by operating cash flow (49.3%).
Interest Coverage: NCN1T's interest payments on its debt are not well covered by EBIT (1.6x coverage).