NCC Balance Sheet Health
Financial Health criteria checks 6/6
NCC has a total shareholder equity of SEK7.4B and total debt of SEK4.0B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are SEK31.5B and SEK24.0B respectively. NCC's EBIT is SEK1.3B making its interest coverage ratio 67.4. It has cash and short-term investments of SEK1.4B.
Key information
54.4%
Debt to equity ratio
kr4.03b
Debt
Interest coverage ratio | 67.4x |
Cash | kr1.43b |
Equity | kr7.40b |
Total liabilities | kr24.05b |
Total assets | kr31.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OFO's short term assets (SEK23.4B) exceed its short term liabilities (SEK17.3B).
Long Term Liabilities: 0OFO's short term assets (SEK23.4B) exceed its long term liabilities (SEK6.7B).
Debt to Equity History and Analysis
Debt Level: 0OFO's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 0OFO's debt to equity ratio has reduced from 72.9% to 54.4% over the past 5 years.
Debt Coverage: 0OFO's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 0OFO's interest payments on its debt are well covered by EBIT (67.4x coverage).