NCC Balance Sheet Health
Financial Health criteria checks 4/6
NCC has a total shareholder equity of SEK7.3B and total debt of SEK5.1B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are SEK33.1B and SEK25.8B respectively. NCC's EBIT is SEK1.3B making its interest coverage ratio 10.5. It has cash and short-term investments of SEK1.1B.
Key information
69.6%
Debt to equity ratio
SEK 5.07b
Debt
| Interest coverage ratio | 10.5x |
| Cash | SEK 1.07b |
| Equity | SEK 7.29b |
| Total liabilities | SEK 25.80b |
| Total assets | SEK 33.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCC A's short term assets (SEK25.3B) exceed its short term liabilities (SEK18.7B).
Long Term Liabilities: NCC A's short term assets (SEK25.3B) exceed its long term liabilities (SEK7.1B).
Debt to Equity History and Analysis
Debt Level: NCC A's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: NCC A's debt to equity ratio has reduced from 226.1% to 69.6% over the past 5 years.
Debt Coverage: NCC A's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: NCC A's interest payments on its debt are well covered by EBIT (10.5x coverage).