NCC Balance Sheet Health
Financial Health criteria checks 5/6
NCC has a total shareholder equity of SEK7.2B and total debt of SEK2.8B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are SEK29.6B and SEK22.4B respectively. NCC's EBIT is SEK1.4B making its interest coverage ratio 37.7. It has cash and short-term investments of SEK1.0B.
Key information
38.9%
Debt to equity ratio
SEK 2.79b
Debt
| Interest coverage ratio | 37.7x |
| Cash | SEK 1.00b |
| Equity | SEK 7.18b |
| Total liabilities | SEK 22.38b |
| Total assets | SEK 29.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCCAS's short term assets (SEK21.5B) exceed its short term liabilities (SEK15.6B).
Long Term Liabilities: NCCAS's short term assets (SEK21.5B) exceed its long term liabilities (SEK6.8B).
Debt to Equity History and Analysis
Debt Level: NCCAS's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: NCCAS's debt to equity ratio has reduced from 41.9% to 38.9% over the past 5 years.
Debt Coverage: NCCAS's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: NCCAS's interest payments on its debt are well covered by EBIT (37.7x coverage).