Nordrest Holding Balance Sheet Health
Financial Health criteria checks 5/6
Nordrest Holding has a total shareholder equity of SEK110.4M and total debt of SEK72.4M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are SEK622.0M and SEK511.6M respectively. Nordrest Holding's EBIT is SEK151.0M making its interest coverage ratio 21.1. It has cash and short-term investments of SEK136.7M.
Key information
65.6%
Debt to equity ratio
SEK 72.44m
Debt
| Interest coverage ratio | 21.1x |
| Cash | SEK 136.69m |
| Equity | SEK 110.38m |
| Total liabilities | SEK 511.64m |
| Total assets | SEK 622.02m |
Financial Position Analysis
Short Term Liabilities: NREST's short term assets (SEK508.8M) exceed its short term liabilities (SEK372.5M).
Long Term Liabilities: NREST's short term assets (SEK508.8M) exceed its long term liabilities (SEK139.2M).
Debt to Equity History and Analysis
Debt Level: NREST has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NREST's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NREST's debt is well covered by operating cash flow (137.4%).
Interest Coverage: NREST's interest payments on its debt are well covered by EBIT (21.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:22 |
| End of Day Share Price | 2024/12/20 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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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
Nordrest Holding AB (publ) is covered by 1 analysts. 1 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 |
|---|---|
| Alexander Siljeström | Pareto Securities |