Norrhydro Group Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Norrhydro Group Oyj has a total shareholder equity of €8.8M and total debt of €10.1M, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are €24.2M and €15.4M respectively.
Key information
114.4%
Debt to equity ratio
€10.08m
Debt
| Interest coverage ratio | n/a |
| Cash | €887.00k |
| Equity | €8.82m |
| Total liabilities | €15.42m |
| Total assets | €24.24m |
Recent financial health updates
Recent updates
Investors Continue Waiting On Sidelines For Norrhydro Group Oyj (HEL:NORRH)
Oct 13
Norrhydro Group Oyj (HEL:NORRH) Analysts Are Pretty Bullish On The Stock After Recent Results
Aug 04Does Norrhydro Group Oyj (HEL:NORRH) Have A Healthy Balance Sheet?
Aug 03Cautious Investors Not Rewarding Norrhydro Group Oyj's (HEL:NORRH) Performance Completely
Apr 27Returns On Capital At Norrhydro Group Oyj (HEL:NORRH) Paint A Concerning Picture
Dec 05Returns On Capital Signal Tricky Times Ahead For Norrhydro Group Oyj (HEL:NORRH)
Aug 12Financial Position Analysis
Short Term Liabilities: NORRH's short term assets (€9.2M) exceed its short term liabilities (€7.1M).
Long Term Liabilities: NORRH's short term assets (€9.2M) exceed its long term liabilities (€8.3M).
Debt to Equity History and Analysis
Debt Level: NORRH's net debt to equity ratio (104.3%) 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 (14.6%).
Interest Coverage: Insufficient data to determine if NORRH's interest payments on its debt are well covered by EBIT.