Nordic Waterproofing Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nordic Waterproofing Holding has a total shareholder equity of SEK1.8B and total debt of SEK917.2M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are SEK3.6B and SEK1.8B respectively. Nordic Waterproofing Holding's EBIT is SEK266.7M making its interest coverage ratio 4.7. It has cash and short-term investments of SEK82.7M.
Key information
51.0%
Debt to equity ratio
kr917.20m
Debt
Interest coverage ratio | 4.7x |
Cash | kr82.70m |
Equity | kr1.80b |
Total liabilities | kr1.79b |
Total assets | kr3.59b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RH9's short term assets (SEK1.5B) exceed its short term liabilities (SEK760.1M).
Long Term Liabilities: 0RH9's short term assets (SEK1.5B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: 0RH9's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: 0RH9's debt to equity ratio has reduced from 77.7% to 51% over the past 5 years.
Debt Coverage: 0RH9's debt is well covered by operating cash flow (52.2%).
Interest Coverage: 0RH9's interest payments on its debt are well covered by EBIT (4.7x coverage).