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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NBI Bearings Europe, S.A. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Iñigo Recio Pascual | GVC Gaesco Valores |