Norman Broadbent Balance Sheet Health
Financial Health criteria checks 5/6
Norman Broadbent has a total shareholder equity of £1.4M and total debt of £320.0K, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are £5.2M and £3.8M respectively. Norman Broadbent's EBIT is £412.0K making its interest coverage ratio 4. It has cash and short-term investments of £765.0K.
Key information
23.3%
Debt to equity ratio
UK£320.00k
Debt
| Interest coverage ratio | 4x |
| Cash | UK£765.00k |
| Equity | UK£1.38m |
| Total liabilities | UK£3.83m |
| Total assets | UK£5.21m |
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
Even 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 (£3.7M) do not cover its short term liabilities (£3.7M).
Long Term Liabilities: NBB's short term assets (£3.7M) exceed its long term liabilities (£121.0K).
Debt to Equity History and Analysis
Debt Level: NBB has more cash than its total debt.
Reducing Debt: NBB's debt to equity ratio has reduced from 82.6% to 23.3% over the past 5 years.
Debt Coverage: NBB's debt is well covered by operating cash flow (535%).
Interest Coverage: NBB's interest payments on its debt are well covered by EBIT (4x coverage).