NRC Group Balance Sheet Health
Financial Health criteria checks 5/6
NRC Group has a total shareholder equity of NOK2.4B and total debt of NOK627.0M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are NOK5.1B and NOK2.7B respectively. NRC Group's EBIT is NOK121.0M making its interest coverage ratio 1.6. It has cash and short-term investments of NOK369.0M.
Key information
25.8%
Debt to equity ratio
kr627.00m
Debt
Interest coverage ratio | 1.6x |
Cash | kr369.00m |
Equity | kr2.43b |
Total liabilities | kr2.71b |
Total assets | kr5.14b |
Recent financial health updates
Does NRC Group (OB:NRC) Have A Healthy Balance Sheet?
Jun 07Is NRC Group (OB:NRC) A Risky Investment?
Sep 04Is NRC Group (OB:NRC) Using Debt In A Risky Way?
Apr 12NRC Group (OB:NRC) Is Carrying A Fair Bit Of Debt
Dec 28Recent updates
kr15.00: That's What Analysts Think NRC Group ASA (OB:NRC) Is Worth After Its Latest Results
Mar 02Does NRC Group (OB:NRC) Have A Healthy Balance Sheet?
Jun 07Shareholders Will Be Pleased With The Quality of NRC Group's (OB:NRC) Earnings
Aug 26Is NRC Group (OB:NRC) A Risky Investment?
Sep 04Is NRC Group (OB:NRC) Using Debt In A Risky Way?
Apr 12NRC Group ASA (OB:NRC) Insiders Increased Their Holdings
Mar 16NRC Group's (OB:NRC) Stock Price Has Reduced 70% In The Past Three Years
Feb 18Is NRC Group ASA's (OB:NRC) Shareholder Ownership Skewed Towards Insiders?
Jan 25NRC Group (OB:NRC) Is Carrying A Fair Bit Of Debt
Dec 28Arild Moe of NRC Group ASA (OB:NRC) Just Spent kr1.0m On Shares
Dec 02Financial Position Analysis
Short Term Liabilities: NRC's short term assets (NOK1.9B) exceed its short term liabilities (NOK1.8B).
Long Term Liabilities: NRC's short term assets (NOK1.9B) exceed its long term liabilities (NOK930.0M).
Debt to Equity History and Analysis
Debt Level: NRC's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: NRC's debt to equity ratio has reduced from 25.9% to 25.8% over the past 5 years.
Debt Coverage: NRC's debt is well covered by operating cash flow (60%).
Interest Coverage: NRC's interest payments on its debt are not well covered by EBIT (1.6x coverage).