NBI Bearings Europe Balance Sheet Health
Financial Health criteria checks 2/6
NBI Bearings Europe has a total shareholder equity of €21.1M and total debt of €73.6M, which brings its debt-to-equity ratio to 348%. Its total assets and total liabilities are €106.5M and €85.3M respectively. NBI Bearings Europe's EBIT is €4.1M making its interest coverage ratio 3. It has cash and short-term investments of €39.1M.
Key information
348.0%
Debt to equity ratio
€73.60m
Debt
| Interest coverage ratio | 3x |
| Cash | €39.09m |
| Equity | €21.15m |
| Total liabilities | €85.34m |
| Total assets | €106.49m |
Recent financial health updates
Is NBI Bearings Europe (BME:NBI) Using Too Much Debt?
Dec 01
Does NBI Bearings Europe (BME:NBI) Have A Healthy Balance Sheet?
Mar 18Recent updates
There May Be Some Bright Spots In NBI Bearings Europe's (BME:NBI) Earnings
Apr 03Is NBI Bearings Europe (BME:NBI) Using Too Much Debt?
Dec 01Shareholders Shouldn’t Be Too Comfortable With NBI Bearings Europe's (BME:NBI) Strong Earnings
Apr 07Does NBI Bearings Europe (BME:NBI) Have A Healthy Balance Sheet?
Mar 18Can You Imagine How Elated NBI Bearings Europe's (BME:NBI) Shareholders Feel About Its 321% Share Price Gain?
Feb 16
What NBI Bearings Europe, S.A.'s (BME:NBI) ROE Can Tell Us
Dec 16Investors Who Bought NBI Bearings Europe (BME:NBI) Shares Five Years Ago Are Now Up 172%
Nov 18Financial Position Analysis
Short Term Liabilities: NBI's short term assets (€76.5M) exceed its short term liabilities (€27.6M).
Long Term Liabilities: NBI's short term assets (€76.5M) exceed its long term liabilities (€57.7M).
Debt to Equity History and Analysis
Debt Level: NBI's net debt to equity ratio (163.2%) is considered high.
Reducing Debt: NBI's debt to equity ratio has increased from 181.5% to 348% over the past 5 years.
Debt Coverage: NBI's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: NBI's interest payments on its debt are not well covered by EBIT (3x coverage).