Nagarro Balance Sheet Health
Financial Health criteria checks 4/6
Nagarro has a total shareholder equity of €204.0M and total debt of €273.2M, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are €699.7M and €495.7M respectively. Nagarro's EBIT is €88.0M making its interest coverage ratio 5.3. It has cash and short-term investments of €126.5M.
Key information
133.9%
Debt to equity ratio
€273.19m
Debt
Interest coverage ratio | 5.3x |
Cash | €126.47m |
Equity | €203.96m |
Total liabilities | €495.70m |
Total assets | €699.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AA3's short term assets (€373.8M) exceed its short term liabilities (€156.6M).
Long Term Liabilities: 0AA3's short term assets (€373.8M) exceed its long term liabilities (€339.1M).
Debt to Equity History and Analysis
Debt Level: 0AA3's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: 0AA3's debt to equity ratio has increased from 98.7% to 133.9% over the past 5 years.
Debt Coverage: 0AA3's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 0AA3's interest payments on its debt are well covered by EBIT (5.3x coverage).