Nederman Holding Balance Sheet Health
Financial Health criteria checks 4/6
Nederman Holding has a total shareholder equity of SEK2.5B and total debt of SEK1.8B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are SEK6.6B and SEK4.1B respectively. Nederman Holding's EBIT is SEK608.4M making its interest coverage ratio 6.1. It has cash and short-term investments of SEK585.4M.
Key information
72.3%
Debt to equity ratio
SEK 1.82b
Debt
| Interest coverage ratio | 6.1x |
| Cash | SEK 585.40m |
| Equity | SEK 2.52b |
| Total liabilities | SEK 4.08b |
| Total assets | SEK 6.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHOX.F's short term assets (SEK2.9B) exceed its short term liabilities (SEK2.4B).
Long Term Liabilities: NHOX.F's short term assets (SEK2.9B) exceed its long term liabilities (SEK1.7B).
Debt to Equity History and Analysis
Debt Level: NHOX.F's net debt to equity ratio (49%) is considered high.
Reducing Debt: NHOX.F's debt to equity ratio has increased from 71.9% to 72.3% over the past 5 years.
Debt Coverage: NHOX.F's debt is well covered by operating cash flow (28.6%).
Interest Coverage: NHOX.F's interest payments on its debt are well covered by EBIT (6.1x coverage).