Nilfisk Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nilfisk Holding has a total shareholder equity of €303.8M and total debt of €231.5M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are €871.8M and €568.0M respectively. Nilfisk Holding's EBIT is €63.5M making its interest coverage ratio 5. It has cash and short-term investments of €29.6M.
Key information
76.2%
Debt to equity ratio
€231.50m
Debt
| Interest coverage ratio | 5x |
| Cash | €29.60m |
| Equity | €303.80m |
| Total liabilities | €568.00m |
| Total assets | €871.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RUZ's short term assets (€446.4M) exceed its short term liabilities (€279.0M).
Long Term Liabilities: 0RUZ's short term assets (€446.4M) exceed its long term liabilities (€289.0M).
Debt to Equity History and Analysis
Debt Level: 0RUZ's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: 0RUZ's debt to equity ratio has reduced from 241.6% to 76.2% over the past 5 years.
Debt Coverage: 0RUZ's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 0RUZ's interest payments on its debt are well covered by EBIT (5x coverage).