Nordic Waterproofing Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nordic Waterproofing Holding has a total shareholder equity of SEK1.8B and total debt of SEK917.2M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are SEK3.6B and SEK1.8B respectively. Nordic Waterproofing Holding's EBIT is SEK266.7M making its interest coverage ratio 4.7. It has cash and short-term investments of SEK82.7M.
Key information
51.0%
Debt to equity ratio
kr917.20m
Debt
| Interest coverage ratio | 4.7x |
| Cash | kr82.70m |
| Equity | kr1.80b |
| Total liabilities | kr1.79b |
| Total assets | kr3.59b |
Recent financial health updates
Recent updates
Is Now An Opportune Moment To Examine Nordic Waterproofing Holding AB (publ) (STO:NWG)?
Sep 15
Nordic Waterproofing Holding's (STO:NWG) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Nordic Waterproofing Holding (STO:NWG) Will Pay A Larger Dividend Than Last Year At SEK7.00
Feb 24Nordic Waterproofing Holding (STO:NWG) Has Announced That It Will Be Increasing Its Dividend To SEK7.00
Feb 10Is Nordic Waterproofing Holding (STO:NWG) Using Too Much Debt?
Nov 18Financial Position Analysis
Short Term Liabilities: NWG's short term assets (SEK1.5B) exceed its short term liabilities (SEK760.1M).
Long Term Liabilities: NWG's short term assets (SEK1.5B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: NWG's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: NWG's debt to equity ratio has reduced from 77.7% to 51% over the past 5 years.
Debt Coverage: NWG's debt is well covered by operating cash flow (52.2%).
Interest Coverage: NWG's interest payments on its debt are well covered by EBIT (4.7x coverage).