NNIT Balance Sheet Health
Financial Health criteria checks 4/6
NNIT has a total shareholder equity of DKK827.0M and total debt of DKK267.0M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are DKK2.0B and DKK1.2B respectively. NNIT's EBIT is DKK116.0M making its interest coverage ratio 3.9. It has cash and short-term investments of DKK254.0M.
Key information
32.3%
Debt to equity ratio
kr.267.00m
Debt
Interest coverage ratio | 3.9x |
Cash | kr.254.00m |
Equity | kr.827.00m |
Total liabilities | kr.1.15b |
Total assets | kr.1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0R5Z's short term assets (DKK858.0M) exceed its short term liabilities (DKK815.0M).
Long Term Liabilities: 0R5Z's short term assets (DKK858.0M) exceed its long term liabilities (DKK335.0M).
Debt to Equity History and Analysis
Debt Level: 0R5Z's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 0R5Z's debt to equity ratio has increased from 22.4% to 32.3% over the past 5 years.
Debt Coverage: 0R5Z's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0R5Z's interest payments on its debt are well covered by EBIT (3.9x coverage).