Nedap Balance Sheet Health
Financial Health criteria checks 6/6
Nedap has a total shareholder equity of €76.8M and total debt of €14.0M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are €133.5M and €56.7M respectively. Nedap's EBIT is €27.7M making its interest coverage ratio 54.1. It has cash and short-term investments of €4.0M.
Key information
18.2%
Debt to equity ratio
€14.00m
Debt
Interest coverage ratio | 54.1x |
Cash | €4.05m |
Equity | €76.82m |
Total liabilities | €56.67m |
Total assets | €133.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEDAPA's short term assets (€86.4M) exceed its short term liabilities (€39.7M).
Long Term Liabilities: NEDAPA's short term assets (€86.4M) exceed its long term liabilities (€17.0M).
Debt to Equity History and Analysis
Debt Level: NEDAPA's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: NEDAPA's debt to equity ratio has reduced from 49.3% to 18.2% over the past 5 years.
Debt Coverage: NEDAPA's debt is well covered by operating cash flow (181.5%).
Interest Coverage: NEDAPA's interest payments on its debt are well covered by EBIT (54.1x coverage).