Norofert Balance Sheet Health
Financial Health criteria checks 2/6
Norofert has a total shareholder equity of RON22.8M and total debt of RON44.3M, which brings its debt-to-equity ratio to 194.6%. Its total assets and total liabilities are RON80.2M and RON57.4M respectively.
Key information
194.6%
Debt to equity ratio
RON 44.28m
Debt
| Interest coverage ratio | n/a |
| Cash | RON 1.15m |
| Equity | RON 22.76m |
| Total liabilities | RON 57.43m |
| Total assets | RON 80.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRF's short term assets (RON51.9M) exceed its short term liabilities (RON31.8M).
Long Term Liabilities: NRF's short term assets (RON51.9M) exceed its long term liabilities (RON25.7M).
Debt to Equity History and Analysis
Debt Level: NRF's net debt to equity ratio (189.5%) is considered high.
Reducing Debt: NRF's debt to equity ratio has increased from 2.9% to 194.6% over the past 5 years.
Debt Coverage: NRF's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: Insufficient data to determine if NRF's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:50 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Norofert S.A. is covered by 0 analysts. 0 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 |
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