Nordic Waterproofing Holding Balance Sheet Health
Financial Health criteria checks 4/6
Nordic Waterproofing Holding has a total shareholder equity of SEK1.7B and total debt of SEK904.5M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are SEK4.0B and SEK2.3B respectively. Nordic Waterproofing Holding's EBIT is SEK286.4M making its interest coverage ratio 8.3. It has cash and short-term investments of SEK135.6M.
Key information
52.4%
Debt to equity ratio
SEK 904.50m
Debt
Interest coverage ratio | 8.3x |
Cash | SEK 135.60m |
Equity | SEK 1.73b |
Total liabilities | SEK 2.31b |
Total assets | SEK 4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWGS's short term assets (SEK1.8B) exceed its short term liabilities (SEK1.2B).
Long Term Liabilities: NWGS's short term assets (SEK1.8B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: NWGS's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: NWGS's debt to equity ratio has increased from 45.9% to 52.4% over the past 5 years.
Debt Coverage: NWGS's debt is well covered by operating cash flow (48.3%).
Interest Coverage: NWGS's interest payments on its debt are well covered by EBIT (8.3x coverage).