Netcompany Group Balance Sheet Health
Financial Health criteria checks 6/6
Netcompany Group has a total shareholder equity of DKK3.8B and total debt of DKK1.7B, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are DKK8.2B and DKK4.4B respectively. Netcompany Group's EBIT is DKK586.2M making its interest coverage ratio 4.6. It has cash and short-term investments of DKK301.6M.
Key information
45.1%
Debt to equity ratio
kr.1.73b
Debt
Interest coverage ratio | 4.6x |
Cash | kr.301.60m |
Equity | kr.3.83b |
Total liabilities | kr.4.39b |
Total assets | kr.8.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETCC's short term assets (DKK3.3B) exceed its short term liabilities (DKK2.0B).
Long Term Liabilities: NETCC's short term assets (DKK3.3B) exceed its long term liabilities (DKK2.4B).
Debt to Equity History and Analysis
Debt Level: NETCC's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: NETCC's debt to equity ratio has reduced from 62.5% to 45.1% over the past 5 years.
Debt Coverage: NETCC's debt is well covered by operating cash flow (34.6%).
Interest Coverage: NETCC's interest payments on its debt are well covered by EBIT (4.6x coverage).