Nacon Balance Sheet Health
Financial Health criteria checks 4/6
Nacon has a total shareholder equity of €263.6M and total debt of €111.4M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are €479.0M and €215.4M respectively. Nacon's EBIT is €5.7M making its interest coverage ratio 1.4. It has cash and short-term investments of €26.2M.
Key information
42.3%
Debt to equity ratio
€111.41m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €26.24m |
| Equity | €263.55m |
| Total liabilities | €215.41m |
| Total assets | €478.96m |
Recent financial health updates
Nacon (EPA:NACON) Has Debt But No Earnings; Should You Worry?
Jan 24
Does Nacon (EPA:NACON) Have A Healthy Balance Sheet?
Sep 20We Think Nacon (EPA:NACON) Is Taking Some Risk With Its Debt
Jan 20Is Nacon (EPA:NACON) Using Too Much Debt?
Mar 23Recent updates
Nacon S.A. (EPA:NACON) Not Doing Enough For Some Investors As Its Shares Slump 35%
Oct 29Improved Earnings Required Before Nacon S.A. (EPA:NACON) Shares Find Their Feet
Sep 11Many Still Looking Away From Nacon S.A. (EPA:NACON)
Jun 05Nacon (EPA:NACON) Has Debt But No Earnings; Should You Worry?
Jan 24Nacon's (EPA:NACON) Shareholders Have More To Worry About Than Only Soft Earnings
Dec 18Does Nacon (EPA:NACON) Have A Healthy Balance Sheet?
Sep 20Nacon S.A.'s (EPA:NACON) Share Price Could Signal Some Risk
Jun 02Is Nacon S.A. (EPA:NACON) Trading At A 31% Discount?
Dec 06Need To Know: The Consensus Just Cut Its Nacon S.A. (EPA:NACON) Estimates For 2023
Nov 10We Think Nacon (EPA:NACON) Is Taking Some Risk With Its Debt
Jan 20Analysts Just Shaved Their Nacon S.A. (EPA:NACON) Forecasts Dramatically
Dec 05Nacon S.A. (EPA:NACON) Shares Could Be 34% Below Their Intrinsic Value Estimate
Oct 11Analyst Estimates: Here's What Brokers Think Of Nacon S.A. (EPA:NACON) After Its Yearly Report
Jun 02Nacon (EPA:NACON) Has Some Way To Go To Become A Multi-Bagger
Apr 19Is Nacon (EPA:NACON) Using Too Much Debt?
Mar 23Taking A Look At Nacon S.A.'s (EPA:NACON) ROE
Mar 02Financial Position Analysis
Short Term Liabilities: NACON's short term assets (€108.5M) do not cover its short term liabilities (€118.1M).
Long Term Liabilities: NACON's short term assets (€108.5M) exceed its long term liabilities (€97.3M).
Debt to Equity History and Analysis
Debt Level: NACON's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: NACON's debt to equity ratio has reduced from 66.6% to 42.3% over the past 5 years.
Debt Coverage: NACON's debt is well covered by operating cash flow (65.6%).
Interest Coverage: NACON's interest payments on its debt are not well covered by EBIT (1.4x coverage).