Nordisk Bergteknik Balance Sheet Health
Financial Health criteria checks 3/6
Nordisk Bergteknik has a total shareholder equity of SEK1.2B and total debt of SEK1.2B, which brings its debt-to-equity ratio to 98.3%. Its total assets and total liabilities are SEK3.5B and SEK2.3B respectively. Nordisk Bergteknik's EBIT is SEK106.4M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK83.3M.
Key information
98.3%
Debt to equity ratio
kr1.19b
Debt
| Interest coverage ratio | 1.1x |
| Cash | kr83.30m |
| Equity | kr1.21b |
| Total liabilities | kr2.33b |
| Total assets | kr3.53b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Nordisk Bergteknik (STO:NORB B)
Feb 21
Is Nordisk Bergteknik (STO:NORB B) Using Too Much Debt?
Feb 14Nordisk Bergteknik AB (publ) (STO:NORB B) Held Back By Insufficient Growth Even After Shares Climb 35%
Dec 18Nordisk Bergteknik AB (publ)'s (STO:NORB B) Price Is Right But Growth Is Lacking
Sep 30The Consensus EPS Estimates For Nordisk Bergteknik AB (publ) (STO:NORB B) Just Fell A Lot
Aug 20Are Investors Undervaluing Nordisk Bergteknik AB (publ) (STO:NORB B) By 39%?
Jul 01The Return Trends At Nordisk Bergteknik (STO:NORB B) Look Promising
Apr 27Nordisk Bergteknik (STO:NORB B) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 24Investors Will Want Nordisk Bergteknik's (STO:NORB B) Growth In ROCE To Persist
Oct 19News Flash: Analysts Just Made A Notable Upgrade To Their Nordisk Bergteknik AB (publ) (STO:NORB B) Forecasts
Aug 25Estimating The Fair Value Of Nordisk Bergteknik AB (publ) (STO:NORB B)
Apr 15Nordisk Bergteknik AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 20Financial Position Analysis
Short Term Liabilities: NORB B's short term assets (SEK1.1B) exceed its short term liabilities (SEK917.3M).
Long Term Liabilities: NORB B's short term assets (SEK1.1B) do not cover its long term liabilities (SEK1.4B).
Debt to Equity History and Analysis
Debt Level: NORB B's net debt to equity ratio (91.4%) is considered high.
Reducing Debt: NORB B's debt to equity ratio has reduced from 530.8% to 98.3% over the past 5 years.
Debt Coverage: NORB B's debt is well covered by operating cash flow (21.1%).
Interest Coverage: NORB B's interest payments on its debt are not well covered by EBIT (1.1x coverage).