Nilfisk Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nilfisk Holding has a total shareholder equity of €275.0M and total debt of €208.0M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are €814.0M and €539.0M respectively. Nilfisk Holding's EBIT is €61.3M making its interest coverage ratio 13.3. It has cash and short-term investments of €23.3M.
Key information
75.6%
Debt to equity ratio
€208.00m
Debt
Interest coverage ratio | 13.3x |
Cash | €23.30m |
Equity | €275.00m |
Total liabilities | €539.00m |
Total assets | €814.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RUZ's short term assets (€395.4M) exceed its short term liabilities (€269.3M).
Long Term Liabilities: 0RUZ's short term assets (€395.4M) exceed its long term liabilities (€269.7M).
Debt to Equity History and Analysis
Debt Level: 0RUZ's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: 0RUZ's debt to equity ratio has reduced from 264.3% to 75.6% over the past 5 years.
Debt Coverage: 0RUZ's debt is well covered by operating cash flow (68.8%).
Interest Coverage: 0RUZ's interest payments on its debt are well covered by EBIT (13.3x coverage).