Nabaltec Balance Sheet Health
Financial Health criteria checks 6/6
Nabaltec has a total shareholder equity of €136.1M and total debt of €91.3M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are €291.2M and €155.1M respectively. Nabaltec's EBIT is €26.5M making its interest coverage ratio 14.4. It has cash and short-term investments of €96.8M.
Key information
67.1%
Debt to equity ratio
€91.26m
Debt
| Interest coverage ratio | 14.4x |
| Cash | €96.79m |
| Equity | €136.09m |
| Total liabilities | €155.09m |
| Total assets | €291.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTGD's short term assets (€157.6M) exceed its short term liabilities (€32.3M).
Long Term Liabilities: NTGD's short term assets (€157.6M) exceed its long term liabilities (€122.7M).
Debt to Equity History and Analysis
Debt Level: NTGD has more cash than its total debt.
Reducing Debt: NTGD's debt to equity ratio has reduced from 83.6% to 67.1% over the past 5 years.
Debt Coverage: NTGD's debt is well covered by operating cash flow (34.2%).
Interest Coverage: NTGD's interest payments on its debt are well covered by EBIT (14.4x coverage).