Nicolás Correa Balance Sheet Health
Financial Health criteria checks 6/6
Nicolás Correa has a total shareholder equity of €60.4M and total debt of €10.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are €117.4M and €56.9M respectively. Nicolás Correa's EBIT is €7.0M making its interest coverage ratio 22.3. It has cash and short-term investments of €17.3M.
Key information
17.5%
Debt to equity ratio
€10.56m
Debt
| Interest coverage ratio | 22.3x |
| Cash | €17.31m |
| Equity | €60.42m |
| Total liabilities | €56.93m |
| Total assets | €117.35m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NEAE's short term assets (€77.8M) exceed its short term liabilities (€47.9M).
Long Term Liabilities: NEAE's short term assets (€77.8M) exceed its long term liabilities (€9.1M).
Debt to Equity History and Analysis
Debt Level: NEAE has more cash than its total debt.
Reducing Debt: NEAE's debt to equity ratio has reduced from 51% to 17.5% over the past 5 years.
Debt Coverage: NEAE's debt is well covered by operating cash flow (54.5%).
Interest Coverage: NEAE's interest payments on its debt are well covered by EBIT (22.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/02/08 13:48 |
| End of Day Share Price | 2022/11/11 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nicolás Correa, S.A. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jaime Sémelas | Banesto Bolsa |
| Iñigo Recio Pascual | GVC Gaesco Valores |
| David López Sánchez | Lighthouse-IEAF Servicios de Analisis |