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Nice Footwear Balance Sheet Health
Financial Health criteria checks 3/6
Key information
91.0%
Debt to equity ratio
€12.34m
Debt
Interest coverage ratio | 14.1x |
Cash | €2.75m |
Equity | €13.56m |
Total liabilities | €19.06m |
Total assets | €32.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NFT's short term assets (€26.7M) exceed its short term liabilities (€10.0M).
Long Term Liabilities: NFT's short term assets (€26.7M) exceed its long term liabilities (€9.0M).
Debt to Equity History and Analysis
Debt Level: NFT's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: Insufficient data to determine if NFT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NFT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NFT's interest payments on its debt are well covered by EBIT (14.1x coverage).