Norcros Balance Sheet Health
Financial Health criteria checks 6/6
Norcros has a total shareholder equity of £207.2M and total debt of £66.3M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are £406.2M and £199.0M respectively. Norcros's EBIT is £41.2M making its interest coverage ratio 5.8. It has cash and short-term investments of £21.4M.
Key information
32.0%
Debt to equity ratio
UK£66.30m
Debt
| Interest coverage ratio | 5.8x |
| Cash | UK£21.40m |
| Equity | UK£207.20m |
| Total liabilities | UK£199.00m |
| Total assets | UK£406.20m |
Recent financial health updates
Recent updates
Norcros (LON:NXR) Has Announced A Dividend Of £0.068
Jun 16
A Look At The Intrinsic Value Of Norcros plc (LON:NXR)
Dec 19Norcros (LON:NXR) Is Paying Out Less In Dividends Than Last Year
Jun 18Norcros' (LON:NXR) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 12Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 15Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt
Mar 12Norcros (LON:NXR) Has Compensated Shareholders With A Respectable 47% Return On Their Investment
Feb 22Estimating The Intrinsic Value Of Norcros plc (LON:NXR)
Feb 08We Think Norcros's (LON:NXR) Statutory Profit Might Understate Its Earnings Potential
Jan 25
Here's What Norcros plc's (LON:NXR) Shareholder Ownership Structure Looks Like
Jan 11Financial Position Analysis
Short Term Liabilities: NXR's short term assets (£182.9M) exceed its short term liabilities (£106.0M).
Long Term Liabilities: NXR's short term assets (£182.9M) exceed its long term liabilities (£93.0M).
Debt to Equity History and Analysis
Debt Level: NXR's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: NXR's debt to equity ratio has reduced from 47.4% to 32% over the past 5 years.
Debt Coverage: NXR's debt is well covered by operating cash flow (36.8%).
Interest Coverage: NXR's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:50 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Norcros plc is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Michael O'Brien | Canaccord Genuity |
| Richard Hickinbotham | Cantor Fitzgerald Europe |