Nagarro Balance Sheet Health
Financial Health criteria checks 4/6
Nagarro has a total shareholder equity of €181.3M and total debt of €264.9M, which brings its debt-to-equity ratio to 146.1%. Its total assets and total liabilities are €693.0M and €511.6M respectively. Nagarro's EBIT is €84.4M making its interest coverage ratio 5.7. It has cash and short-term investments of €91.6M.
Key information
146.1%
Debt to equity ratio
€264.90m
Debt
Interest coverage ratio | 5.7x |
Cash | €91.64m |
Equity | €181.35m |
Total liabilities | €511.63m |
Total assets | €692.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NA9D's short term assets (€351.9M) exceed its short term liabilities (€183.9M).
Long Term Liabilities: NA9D's short term assets (€351.9M) exceed its long term liabilities (€327.7M).
Debt to Equity History and Analysis
Debt Level: NA9D's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: NA9D's debt to equity ratio has increased from 85.1% to 146.1% over the past 5 years.
Debt Coverage: NA9D's debt is well covered by operating cash flow (29.5%).
Interest Coverage: NA9D's interest payments on its debt are well covered by EBIT (5.7x coverage).