Nilfisk Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nilfisk Holding has a total shareholder equity of €265.1M and total debt of €253.1M, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are €843.4M and €578.3M respectively. Nilfisk Holding's EBIT is €74.9M making its interest coverage ratio 187.3. It has cash and short-term investments of €24.6M.
Key information
95.5%
Debt to equity ratio
€253.10m
Debt
Interest coverage ratio | 187.3x |
Cash | €24.60m |
Equity | €265.10m |
Total liabilities | €578.30m |
Total assets | €843.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLFSKC's short term assets (€433.0M) exceed its short term liabilities (€266.2M).
Long Term Liabilities: NLFSKC's short term assets (€433.0M) exceed its long term liabilities (€312.1M).
Debt to Equity History and Analysis
Debt Level: NLFSKC's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: NLFSKC's debt to equity ratio has reduced from 242.7% to 95.5% over the past 5 years.
Debt Coverage: NLFSKC's debt is well covered by operating cash flow (57.6%).
Interest Coverage: NLFSKC's interest payments on its debt are well covered by EBIT (187.3x coverage).