NCAB Group Balance Sheet Health
Financial Health criteria checks 4/6
NCAB Group has a total shareholder equity of SEK1.3B and total debt of SEK997.8M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are SEK3.3B and SEK1.9B respectively. NCAB Group's EBIT is SEK477.1M making its interest coverage ratio 8.2. It has cash and short-term investments of SEK440.7M.
Key information
74.8%
Debt to equity ratio
SEK 997.80m
Debt
| Interest coverage ratio | 8.2x |
| Cash | SEK 440.70m |
| Equity | SEK 1.33b |
| Total liabilities | SEK 1.95b |
| Total assets | SEK 3.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCABS's short term assets (SEK1.5B) exceed its short term liabilities (SEK833.0M).
Long Term Liabilities: NCABS's short term assets (SEK1.5B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: NCABS's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: NCABS's debt to equity ratio has increased from 39.1% to 74.8% over the past 5 years.
Debt Coverage: NCABS's debt is well covered by operating cash flow (54.1%).
Interest Coverage: NCABS's interest payments on its debt are well covered by EBIT (8.2x coverage).