NCC Balance Sheet Health
Financial Health criteria checks 6/6
NCC has a total shareholder equity of SEK7.3B and total debt of SEK3.9B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are SEK32.0B and SEK24.6B respectively. NCC's EBIT is SEK1.5B making its interest coverage ratio 90.1. It has cash and short-term investments of SEK1.4B.
Key information
53.5%
Debt to equity ratio
kr3.92b
Debt
Interest coverage ratio | 90.1x |
Cash | kr1.41b |
Equity | kr7.32b |
Total liabilities | kr24.63b |
Total assets | kr31.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCCBS's short term assets (SEK24.1B) exceed its short term liabilities (SEK17.9B).
Long Term Liabilities: NCCBS's short term assets (SEK24.1B) exceed its long term liabilities (SEK6.7B).
Debt to Equity History and Analysis
Debt Level: NCCBS's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: NCCBS's debt to equity ratio has reduced from 64.4% to 53.5% over the past 5 years.
Debt Coverage: NCCBS's debt is well covered by operating cash flow (20.6%).
Interest Coverage: NCCBS's interest payments on its debt are well covered by EBIT (90.1x coverage).