Norcros plc

LSE:NXR Stock Report

Market Cap: UK£237.9m

Norcros Balance Sheet Health

Financial Health criteria checks 6/6

Norcros has a total shareholder equity of £222.4M and total debt of £68.1M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are £425.3M and £202.9M respectively. Norcros's EBIT is £42.7M making its interest coverage ratio 5.9. It has cash and short-term investments of £30.8M.

Key information

30.6%

Debt to equity ratio

UK£68.10m

Debt

Interest coverage ratio5.9x
CashUK£30.80m
EquityUK£222.40m
Total liabilitiesUK£202.90m
Total assetsUK£425.30m

Recent financial health updates

Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt

Mar 12
Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt

Recent updates

Norcros (LON:NXR) Has Announced A Dividend Of £0.068

Jun 16
Norcros (LON:NXR) Has Announced A Dividend Of £0.068

A Look At The Intrinsic Value Of Norcros plc (LON:NXR)

Dec 19
A Look At The Intrinsic Value Of Norcros plc (LON:NXR)

Norcros (LON:NXR) Is Paying Out Less In Dividends Than Last Year

Jun 18
Norcros (LON:NXR) Is Paying Out Less In Dividends Than Last Year

Norcros' (LON:NXR) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 12
Norcros' (LON:NXR) Shareholders Will Receive A Bigger Dividend Than Last Year

Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment

Jul 15
Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment

Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt

Mar 12
Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt

Norcros (LON:NXR) Has Compensated Shareholders With A Respectable 47% Return On Their Investment

Feb 22
Norcros (LON:NXR) Has Compensated Shareholders With A Respectable 47% Return On Their Investment

Estimating The Intrinsic Value Of Norcros plc (LON:NXR)

Feb 08
Estimating The Intrinsic Value Of Norcros plc (LON:NXR)

We Think Norcros's (LON:NXR) Statutory Profit Might Understate Its Earnings Potential

Jan 25
We Think Norcros's (LON:NXR) Statutory Profit Might Understate Its Earnings Potential

Here's What Norcros plc's (LON:NXR) Shareholder Ownership Structure Looks Like

Jan 11
Here's What Norcros plc's (LON:NXR) Shareholder Ownership Structure Looks Like

Here's What We Learned About The CEO Pay At Norcros plc (LON:NXR)

Dec 28
Here's What We Learned About The CEO Pay At Norcros plc (LON:NXR)

Should You Think About Buying Norcros plc (LON:NXR) Now?

Dec 16
Should You Think About Buying Norcros plc (LON:NXR) Now?

Do Its Financials Have Any Role To Play In Driving Norcros plc's (LON:NXR) Stock Up Recently?

Dec 03
Do Its Financials Have Any Role To Play In Driving Norcros plc's (LON:NXR) Stock Up Recently?

Have Insiders Sold Norcros plc (LON:NXR) Shares Recently?

Nov 21
Have Insiders Sold Norcros plc (LON:NXR) Shares Recently?

Financial Position Analysis

Short Term Liabilities: NXR's short term assets (£200.8M) exceed its short term liabilities (£99.2M).

Long Term Liabilities: NXR's short term assets (£200.8M) exceed its long term liabilities (£103.7M).

Debt to Equity History and Analysis

Debt Level: NXR's net debt to equity ratio (16.8%) is considered satisfactory.

Reducing Debt: NXR's debt to equity ratio has reduced from 49.5% to 30.6% over the past 5 years.

Debt Coverage: NXR's debt is well covered by operating cash flow (53.7%).

Interest Coverage: NXR's interest payments on its debt are well covered by EBIT (5.9x coverage).

Balance Sheet

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