Norman Broadbent Balance Sheet Health
Financial Health criteria checks 4/6
Norman Broadbent has a total shareholder equity of £1.4M and total debt of £720.0K, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are £4.0M and £2.6M respectively. Norman Broadbent's EBIT is £278.0K making its interest coverage ratio 5.6. It has cash and short-term investments of £48.0K.
Key information
52.0%
Debt to equity ratio
UK£720.00k
Debt
| Interest coverage ratio | 5.6x |
| Cash | UK£48.00k |
| Equity | UK£1.39m |
| Total liabilities | UK£2.59m |
| Total assets | UK£3.98m |
Recent financial health updates
Does Norman Broadbent (LON:NBB) Have A Healthy Balance Sheet?
Oct 13
Would Norman Broadbent (LON:NBB) Be Better Off With Less Debt?
Oct 14Recent updates
Take Care Before Jumping Onto Norman Broadbent plc (LON:NBB) Even Though It's 27% Cheaper
Oct 02Positive Sentiment Still Eludes Norman Broadbent plc (LON:NBB) Following 29% Share Price Slump
Jul 11Even With A 35% Surge, Cautious Investors Are Not Rewarding Norman Broadbent plc's (LON:NBB) Performance Completely
Mar 29Norman Broadbent plc's (LON:NBB) Business Is Trailing The Industry But Its Shares Aren't
Dec 19Does Norman Broadbent (LON:NBB) Have A Healthy Balance Sheet?
Oct 13Would Norman Broadbent (LON:NBB) Be Better Off With Less Debt?
Oct 14This Is Why Norman Broadbent plc's (LON:NBB) CEO Compensation Looks Appropriate
Jun 19How Many Norman Broadbent plc (LON:NBB) Shares Did Insiders Buy, In The Last Year?
Mar 09Have Insiders Been Buying Norman Broadbent plc (LON:NBB) Shares?
Nov 21Financial Position Analysis
Short Term Liabilities: NBB's short term assets (£2.4M) do not cover its short term liabilities (£2.4M).
Long Term Liabilities: NBB's short term assets (£2.4M) exceed its long term liabilities (£174.0K).
Debt to Equity History and Analysis
Debt Level: NBB's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: NBB's debt to equity ratio has reduced from 93.4% to 52% over the past 5 years.
Debt Coverage: NBB's debt is well covered by operating cash flow (90.3%).
Interest Coverage: NBB's interest payments on its debt are well covered by EBIT (5.6x coverage).