Netcompany Group Balance Sheet Health
Financial Health criteria checks 5/6
Netcompany Group has a total shareholder equity of DKK3.7B and total debt of DKK1.6B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are DKK8.0B and DKK4.3B respectively. Netcompany Group's EBIT is DKK759.2M making its interest coverage ratio 5.6. It has cash and short-term investments of DKK32.6M.
Key information
43.5%
Debt to equity ratio
DKK 1.62b
Debt
| Interest coverage ratio | 5.6x |
| Cash | DKK 32.60m |
| Equity | DKK 3.73b |
| Total liabilities | DKK 4.28b |
| Total assets | DKK 8.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETCC's short term assets (DKK3.1B) exceed its short term liabilities (DKK1.9B).
Long Term Liabilities: NETCC's short term assets (DKK3.1B) exceed its long term liabilities (DKK2.4B).
Debt to Equity History and Analysis
Debt Level: NETCC's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: NETCC's debt to equity ratio has reduced from 56.8% to 43.5% over the past 5 years.
Debt Coverage: NETCC's debt is well covered by operating cash flow (50.4%).
Interest Coverage: NETCC's interest payments on its debt are well covered by EBIT (5.6x coverage).