Norofert Balance Sheet Health
Financial Health criteria checks 2/6
Norofert has a total shareholder equity of RON23.2M and total debt of RON50.9M, which brings its debt-to-equity ratio to 219.1%. Its total assets and total liabilities are RON85.7M and RON62.5M respectively.
Key information
219.1%
Debt to equity ratio
RON 50.91m
Debt
| Interest coverage ratio | n/a |
| Cash | RON 1.10m |
| Equity | RON 23.23m |
| Total liabilities | RON 62.51m |
| Total assets | RON 85.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRF's short term assets (RON58.1M) exceed its short term liabilities (RON43.3M).
Long Term Liabilities: NRF's short term assets (RON58.1M) exceed its long term liabilities (RON19.2M).
Debt to Equity History and Analysis
Debt Level: NRF's net debt to equity ratio (214.4%) is considered high.
Reducing Debt: NRF's debt to equity ratio has increased from 5.3% to 219.1% over the past 5 years.
Debt Coverage: NRF's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: Insufficient data to determine if NRF's interest payments on its debt are well covered by EBIT.