NN Group Balance Sheet Health
Financial Health criteria checks 3/6
NN Group has a total shareholder equity of €21.2B and total debt of €12.0B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are €205.2B and €184.0B respectively. NN Group's EBIT is €1.6B making its interest coverage ratio 399.8. It has cash and short-term investments of €59.2B.
Key information
56.5%
Debt to equity ratio
€11.99b
Debt
| Interest coverage ratio | 399.8x |
| Cash | €59.16b |
| Equity | €21.21b |
| Total liabilities | €183.99b |
| Total assets | €205.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NN's short term assets (€66.9B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: NN's short term assets (€66.9B) do not cover its long term liabilities (€182.5B).
Debt to Equity History and Analysis
Debt Level: NN has more cash than its total debt.
Reducing Debt: NN's debt to equity ratio has increased from 34% to 56.5% over the past 5 years.
Debt Coverage: NN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NN's interest payments on its debt are well covered by EBIT (399.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NN Group N.V. is covered by 29 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cor Kluis | ABN AMRO Bank N.V. |
| Bassem Neifer | AlphaValue |
| Claudia Gaspari | Barclays |