NORMA Group Balance Sheet Health
Financial Health criteria checks 5/6
NORMA Group has a total shareholder equity of €693.4M and total debt of €486.6M, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are €1.5B and €799.8M respectively. NORMA Group's EBIT is €76.4M making its interest coverage ratio 3.1. It has cash and short-term investments of €165.2M.
Key information
70.2%
Debt to equity ratio
€486.63m
Debt
Interest coverage ratio | 3.1x |
Cash | €165.21m |
Equity | €693.44m |
Total liabilities | €799.84m |
Total assets | €1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P38's short term assets (€602.4M) exceed its short term liabilities (€275.5M).
Long Term Liabilities: 0P38's short term assets (€602.4M) exceed its long term liabilities (€524.3M).
Debt to Equity History and Analysis
Debt Level: 0P38's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: 0P38's debt to equity ratio has reduced from 101.2% to 70.2% over the past 5 years.
Debt Coverage: 0P38's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 0P38's interest payments on its debt are well covered by EBIT (3.1x coverage).