NORMA Group Balance Sheet Health
Financial Health criteria checks 5/6
NORMA Group has a total shareholder equity of €710.3M and total debt of €489.5M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are €1.5B and €829.3M respectively. NORMA Group's EBIT is €72.9M making its interest coverage ratio 4.3. It has cash and short-term investments of €132.5M.
Key information
68.9%
Debt to equity ratio
€489.51m
Debt
Interest coverage ratio | 4.3x |
Cash | €132.50m |
Equity | €710.26m |
Total liabilities | €829.32m |
Total assets | €1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOEJD's short term assets (€617.7M) exceed its short term liabilities (€271.6M).
Long Term Liabilities: NOEJD's short term assets (€617.7M) exceed its long term liabilities (€557.7M).
Debt to Equity History and Analysis
Debt Level: NOEJD's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: NOEJD's debt to equity ratio has reduced from 101% to 68.9% over the past 5 years.
Debt Coverage: NOEJD's debt is well covered by operating cash flow (20.2%).
Interest Coverage: NOEJD's interest payments on its debt are well covered by EBIT (4.3x coverage).