Nordic Group Limited

SGX:MR7 Stock Report

Market Cap: S$137.7m

Nordic Group Balance Sheet Health

Financial Health criteria checks 5/6

Nordic Group has a total shareholder equity of SGD123.6M and total debt of SGD79.4M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are SGD247.7M and SGD124.2M respectively. Nordic Group's EBIT is SGD16.8M making its interest coverage ratio 5.8. It has cash and short-term investments of SGD56.7M.

Key information

64.3%

Debt to equity ratio

S$79.41m

Debt

Interest coverage ratio5.8x
CashS$56.72m
EquityS$123.56m
Total liabilitiesS$124.18m
Total assetsS$247.74m

Recent financial health updates

Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Apr 03
Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Nordic Group (SGX:MR7) Seems To Use Debt Rather Sparingly

May 28
Nordic Group (SGX:MR7) Seems To Use Debt Rather Sparingly

Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Mar 16
Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

These 4 Measures Indicate That Nordic Group (SGX:MR7) Is Using Debt Reasonably Well

Nov 24
These 4 Measures Indicate That Nordic Group (SGX:MR7) Is Using Debt Reasonably Well

Recent updates

Nordic Group's (SGX:MR7) Problems Go Beyond Weak Profit

Apr 18
Nordic Group's (SGX:MR7) Problems Go Beyond Weak Profit

Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Apr 03
Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Investors Met With Slowing Returns on Capital At Nordic Group (SGX:MR7)

Dec 14
Investors Met With Slowing Returns on Capital At Nordic Group (SGX:MR7)

Here's Why We Think Nordic Group (SGX:MR7) Is Well Worth Watching

Oct 17
Here's Why We Think Nordic Group (SGX:MR7) Is Well Worth Watching

Nordic Group (SGX:MR7) Seems To Use Debt Rather Sparingly

May 28
Nordic Group (SGX:MR7) Seems To Use Debt Rather Sparingly

Nordic Group (SGX:MR7) Will Be Hoping To Turn Its Returns On Capital Around

Nov 19
Nordic Group (SGX:MR7) Will Be Hoping To Turn Its Returns On Capital Around

Investors Could Be Concerned With Nordic Group's (SGX:MR7) Returns On Capital

May 05
Investors Could Be Concerned With Nordic Group's (SGX:MR7) Returns On Capital

Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Mar 16
Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly

Nordic Group Limited (SGX:MR7) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Feb 23
Nordic Group Limited (SGX:MR7) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Our Take On The Returns On Capital At Nordic Group (SGX:MR7)

Jan 19
Our Take On The Returns On Capital At Nordic Group (SGX:MR7)

Would Shareholders Who Purchased Nordic Group's (SGX:MR7) Stock Three Years Be Happy With The Share price Today?

Dec 23
Would Shareholders Who Purchased Nordic Group's (SGX:MR7) Stock Three Years Be Happy With The Share price Today?

These 4 Measures Indicate That Nordic Group (SGX:MR7) Is Using Debt Reasonably Well

Nov 24
These 4 Measures Indicate That Nordic Group (SGX:MR7) Is Using Debt Reasonably Well

Financial Position Analysis

Short Term Liabilities: MR7's short term assets (SGD153.7M) exceed its short term liabilities (SGD114.4M).

Long Term Liabilities: MR7's short term assets (SGD153.7M) exceed its long term liabilities (SGD9.8M).

Debt to Equity History and Analysis

Debt Level: MR7's net debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: MR7's debt to equity ratio has increased from 48.1% to 64.3% over the past 5 years.

Debt Coverage: MR7's debt is well covered by operating cash flow (26.3%).

Interest Coverage: MR7's interest payments on its debt are well covered by EBIT (5.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Nordic Group Limited 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.

AnalystInstitution