NCC Group Balance Sheet Health
Financial Health criteria checks 4/6
NCC Group has a total shareholder equity of £264.4M and total debt of £65.8M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are £499.3M and £234.9M respectively. NCC Group's EBIT is £9.9M making its interest coverage ratio 1.5. It has cash and short-term investments of £17.5M.
Key information
24.9%
Debt to equity ratio
UK£65.80m
Debt
| Interest coverage ratio | 1.5x |
| Cash | UK£17.50m |
| Equity | UK£264.40m |
| Total liabilities | UK£234.90m |
| Total assets | UK£499.30m |
Recent financial health updates
NCC Group (LON:NCC) Seems To Use Debt Rather Sparingly
Mar 18
NCC Group (LON:NCC) Seems To Use Debt Quite Sensibly
Apr 08Is NCC Group (LON:NCC) Using Too Much Debt?
Apr 04Recent updates
NCC Group (LON:NCC) Has Announced A Dividend Of £0.015
Jan 28A Look At The Fair Value Of NCC Group plc (LON:NCC)
Sep 30NCC Group (LON:NCC) Seems To Use Debt Rather Sparingly
Mar 18NCC Group (LON:NCC) Has Announced A Dividend Of £0.015
Feb 05A Look At The Intrinsic Value Of NCC Group plc (LON:NCC)
Oct 25NCC Group (LON:NCC) Is Due To Pay A Dividend Of £0.0315
Sep 09At UK£2.15, Is It Time To Put NCC Group plc (LON:NCC) On Your Watch List?
Jul 29NCC Group (LON:NCC) Seems To Use Debt Quite Sensibly
Apr 08NCC Group's (LON:NCC) Dividend Will Be UK£0.015
Jan 30Here's Why We Think NCC Group plc's (LON:NCC) CEO Compensation Looks Fair for the time being
Oct 29NCC Group (LON:NCC) Has Re-Affirmed Its Dividend Of UK£0.032
Oct 01NCC Group (LON:NCC) Has Affirmed Its Dividend Of UK£0.032
Sep 17Is Now An Opportune Moment To Examine NCC Group plc (LON:NCC)?
Jul 19Are NCC Group plc (LON:NCC) Investors Paying Above The Intrinsic Value?
Jun 18At UK£2.83, Is It Time To Put NCC Group plc (LON:NCC) On Your Watch List?
Apr 19Is NCC Group (LON:NCC) Using Too Much Debt?
Apr 04Has NCC Group (LON:NCC) Got What It Takes To Become A Multi-Bagger?
Mar 16Key Things To Watch Out For If You Are After NCC Group plc's (LON:NCC) 1.8% Dividend
Mar 01Why It Might Not Make Sense To Buy NCC Group plc (LON:NCC) For Its Upcoming Dividend
Feb 14UK£2.63 - That's What Analysts Think NCC Group plc (LON:NCC) Is Worth After These Results
Feb 07
NCC Group plc's (LON:NCC) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Jan 22What Does NCC Group's (LON:NCC) CEO Pay Reveal?
Jan 04NCC Group's (LON:NCC) Stock Price Has Reduced 17% In The Past Five Years
Dec 18Are NCC Group's (LON:NCC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 30Financial Position Analysis
Short Term Liabilities: NCC's short term assets (£109.4M) do not cover its short term liabilities (£137.3M).
Long Term Liabilities: NCC's short term assets (£109.4M) exceed its long term liabilities (£97.6M).
Debt to Equity History and Analysis
Debt Level: NCC's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: NCC's debt to equity ratio has reduced from 29.1% to 24.9% over the past 5 years.
Debt Coverage: NCC's debt is well covered by operating cash flow (33%).
Interest Coverage: NCC's interest payments on its debt are not well covered by EBIT (1.5x coverage).