NTG Nordic Transport Group A/S

BATS-CHIXE:NTGC Stock Report

Market Cap: DKK 6.4b

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 ratio11.4x
CashDKK 318.00m
EquityDKK 1.19b
Total liabilitiesDKK 3.07b
Total assetsDKK 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).


Balance Sheet


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