Nordecon Balance Sheet Health

Financial Health criteria checks 4/6

Nordecon has a total shareholder equity of €22.5M and total debt of €12.2M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are €120.5M and €98.0M respectively.

Key information

54.3%

Debt to equity ratio

€12.24m

Debt

Interest coverage ratio	n/a
Cash	€11.89m
Equity	€22.54m
Total liabilities	€97.99m
Total assets	€120.53m

Recent financial health updates

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well

Dec 28

Recent updates

Here's Why Nordecon (TAL:NCN1T) Has A Meaningful Debt Burden

Nov 13

Is Nordecon (TAL:NCN1T) A Risky Investment?

Feb 07

Investors Could Be Concerned With Nordecon's (TAL:NCN1T) Returns On Capital

Aug 16

Is Nordecon (TAL:NCN1T) Using Too Much Debt?

Mar 08

Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)

May 11

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Extensively

Mar 30

Has Nordecon (TAL:NCN1T) Got What It Takes To Become A Multi-Bagger?

Mar 05

Is Nordecon AS' (TAL:NCN1T) Stock's Recent Performance A Reflection Of Its Financial Health?

Feb 08

Factors Income Investors Should Consider Before Adding Nordecon AS (TAL:NCN1T) To Their Portfolio

Jan 22

Don't Race Out To Buy Nordecon AS (TAL:NCN1T) Just Because It's Going Ex-Dividend

Jan 02

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well

Dec 28

Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)

Dec 07

Financial Position Analysis

Short Term Liabilities: NCN1T's short term assets (€76.6M) do not cover its short term liabilities (€81.0M).

Long Term Liabilities: NCN1T's short term assets (€76.6M) exceed its long term liabilities (€17.0M).

Debt to Equity History and Analysis

Debt Level: NCN1T's net debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: NCN1T's debt to equity ratio has reduced from 55.8% to 54.3% over the past 5 years.

Debt Coverage: NCN1T's debt is well covered by operating cash flow (105.2%).

Interest Coverage: Insufficient data to determine if NCN1T's interest payments on its debt are well covered by EBIT.

Nordecon Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Here's Why Nordecon (TAL:NCN1T) Has A Meaningful Debt Burden

Is Nordecon (TAL:NCN1T) A Risky Investment?

Is Nordecon (TAL:NCN1T) Using Too Much Debt?

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Extensively

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well

Recent updates

Full year 2023 earnings released: €0.24 loss per share (vs €0.16 loss in FY 2022)

Nordecon AS, Annual General Meeting, May 22, 2024

Full year 2023 earnings released: €0.03 loss per share (vs €0.12 loss in FY 2022)

Nordecon AS to Report Q4, 2024 Results on Feb 06, 2025

New minor risk - Share price stability

Here's Why Nordecon (TAL:NCN1T) Has A Meaningful Debt Burden

An unknown entity controlled by the current minority shareholders agreed to acquire Nordecon Betoon OÜ. from Nordecon AS (TLSE:NCN1T) for €9.05 million.

Third quarter 2023 earnings released: EPS: €0.001 (vs €0.05 loss in 3Q 2022)

New minor risk - Share price stability

New minor risk - Financial position

Second quarter 2023 earnings released: €0.02 loss per share (vs €0 in 2Q 2022)

Full year 2022 earnings released: €0.12 loss per share (vs €0.20 loss in FY 2021)

Full year 2022 earnings released: €0.12 loss per share (vs €0.20 loss in FY 2021)

Is Nordecon (TAL:NCN1T) A Risky Investment?

Nordecon AS to Report Q3, 2023 Results on Nov 02, 2023

Nordecon AS Announces Reorganization of Infrastructure Construction Segment Management

Investors Could Be Concerned With Nordecon's (TAL:NCN1T) Returns On Capital

Second quarter 2022 earnings released: EPS: €0 (vs €0.02 loss in 2Q 2021)

First quarter 2022 earnings released: €0.03 loss per share (vs €0.05 loss in 1Q 2021)

Nordecon AS, Annual General Meeting, May 25, 2022

Is Nordecon (TAL:NCN1T) Using Too Much Debt?

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: EPS €0.04 (vs €0.04 in 3Q 2020)

Nordecon AS Provides Revenue Guidance for the Year 2021

Second quarter 2021 earnings released: €0.02 loss per share (vs €0.08 profit in 2Q 2020)

Upcoming dividend of €0.06 per share

Nordecon AS Approves Dividend for the Year 2020, Payable on 29 September 2021

Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)

First quarter 2021 earnings released: €0.05 loss per share (vs €0.085 loss in 1Q 2020)

Nordecon AS Provides Revenue Guidance for 2021

Nordecon AS Announces Dividend, Payable on September 29, 2021

Investor sentiment improved over the past week

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Extensively

Nordecon AS and Viljandi Real Estate OÜ Signs Agreement to Construct Building for an Ikea Concept Store in Kurna Village

New 90-day high: €1.18

Nordecon AS Announces Extension of Construction Contract for Estonian Internal Security Service Head Office

Has Nordecon (TAL:NCN1T) Got What It Takes To Become A Multi-Bagger?

AS Nordecon and the Transport Administration Enters into an Agreement for the Construction of 2+2 Passing Lanes on the Kärevere–Kardla Section Along Kilometres 167–171 of the Tallinn–Tartu–Võru–Luhamaa Highway

Full year 2020 earnings released: EPS €0.078 (vs €0.11 in FY 2019)

Is Nordecon AS' (TAL:NCN1T) Stock's Recent Performance A Reflection Of Its Financial Health?

New 90-day high: €1.16

Factors Income Investors Should Consider Before Adding Nordecon AS (TAL:NCN1T) To Their Portfolio

Don't Race Out To Buy Nordecon AS (TAL:NCN1T) Just Because It's Going Ex-Dividend

These 4 Measures Indicate That Nordecon (TAL:NCN1T) Is Using Debt Reasonably Well

Nordecon AS to Report Fiscal Year 2020 Final Results on Apr 29, 2021

New 90-day high: €1.14

Calculating The Fair Value Of Nordecon AS (TAL:NCN1T)

New 90-day high: €1.12

AS Nordecon and Its Group Company Nordecon Betoon OÜ Enters into Contract with Öpiku Majad OÜ

AS Nordecon and OÜ Favorte H24 Enters into Contract

AS Nordecon and Tallinn City Property Department Enters into Contract for the Construction of Nõmme Gymnasium Sports Building

Third quarter 2020 earnings released: EPS €0.04

Nordecon AS Signs an Agreement for Reconstruction Works

Nordecon As Announces Company Restructuring

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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