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 45.6%. Its total assets and total liabilities are DKK8.2B and DKK4.4B respectively. Netcompany Group's EBIT is DKK668.7M making its interest coverage ratio 5. It has cash and short-term investments of DKK237.2M.
Key information
45.6%
Debt to equity ratio
DKK 1.73b
Debt
Interest coverage ratio | 5x |
Cash | DKK 237.20m |
Equity | DKK 3.78b |
Total liabilities | DKK 4.44b |
Total assets | DKK 8.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0YH9's short term assets (DKK3.3B) exceed its short term liabilities (DKK2.0B).
Long Term Liabilities: 0YH9's short term assets (DKK3.3B) exceed its long term liabilities (DKK2.4B).
Debt to Equity History and Analysis
Debt Level: 0YH9's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: 0YH9's debt to equity ratio has reduced from 64% to 45.6% over the past 5 years.
Debt Coverage: 0YH9's debt is well covered by operating cash flow (44.8%).
Interest Coverage: 0YH9's interest payments on its debt are well covered by EBIT (5x coverage).