NTG Nordic Transport Group Balance Sheet Health
Financial Health criteria checks 4/6
NTG Nordic Transport Group has a total shareholder equity of DKK1.2B and total debt of DKK564.0M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are DKK4.3B and DKK3.1B respectively. NTG Nordic Transport Group's EBIT is DKK591.0M making its interest coverage ratio 11.4. It has cash and short-term investments of DKK318.0M.
Key information
47.4%
Debt to equity ratio
DKK 564.00m
Debt
| Interest coverage ratio | 11.4x |
| Cash | DKK 318.00m |
| Equity | DKK 1.19b |
| Total liabilities | DKK 3.07b |
| Total assets | DKK 4.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTGC's short term assets (DKK1.9B) do not cover its short term liabilities (DKK2.1B).
Long Term Liabilities: NTGC's short term assets (DKK1.9B) exceed its long term liabilities (DKK976.0M).
Debt to Equity History and Analysis
Debt Level: NTGC's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: NTGC's debt to equity ratio has increased from 33% to 47.4% over the past 5 years.
Debt Coverage: NTGC's debt is well covered by operating cash flow (77.1%).
Interest Coverage: NTGC's interest payments on its debt are well covered by EBIT (11.4x coverage).