Norrhydro Group Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Norrhydro Group Oyj has a total shareholder equity of €8.9M and total debt of €11.0M, which brings its debt-to-equity ratio to 124.4%. Its total assets and total liabilities are €25.4M and €16.5M respectively.
Key information
124.4%
Debt to equity ratio
€11.03m
Debt
Interest coverage ratio | n/a |
Cash | €1.40m |
Equity | €8.87m |
Total liabilities | €16.49m |
Total assets | €25.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NORRH's short term assets (€10.5M) exceed its short term liabilities (€9.2M).
Long Term Liabilities: NORRH's short term assets (€10.5M) exceed its long term liabilities (€7.3M).
Debt to Equity History and Analysis
Debt Level: NORRH's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: Insufficient data to determine if NORRH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NORRH's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: Insufficient data to determine if NORRH's interest payments on its debt are well covered by EBIT.