NCC Group Balance Sheet Health
Financial Health criteria checks 5/6
NCC Group has a total shareholder equity of £235.0M and total debt of £56.5M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are £433.3M and £198.3M respectively. NCC Group's EBIT is £20.0M making its interest coverage ratio 3.2. It has cash and short-term investments of £18.0M.
Key information
24.0%
Debt to equity ratio
UK£56.50m
Debt
| Interest coverage ratio | 3.2x |
| Cash | UK£18.00m |
| Equity | UK£235.00m |
| Total liabilities | UK£198.30m |
| Total assets | UK£433.30m |
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 04Financial Position Analysis
Short Term Liabilities: NCC's short term assets (£84.7M) do not cover its short term liabilities (£113.7M).
Long Term Liabilities: NCC's short term assets (£84.7M) exceed its long term liabilities (£84.6M).
Debt to Equity History and Analysis
Debt Level: NCC's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: NCC's debt to equity ratio has reduced from 26.1% to 24% over the past 5 years.
Debt Coverage: NCC's debt is well covered by operating cash flow (48.3%).
Interest Coverage: NCC's interest payments on its debt are well covered by EBIT (3.2x coverage).