NRC Group Balance Sheet Health
Financial Health criteria checks 5/6
NRC Group has a total shareholder equity of NOK1.6B and total debt of NOK590.0M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are NOK4.6B and NOK3.0B respectively.
Key information
37.5%
Debt to equity ratio
NOK 590.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 8.00m |
| Equity | NOK 1.58b |
| Total liabilities | NOK 3.02b |
| Total assets | NOK 4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNRR.F's short term assets (NOK2.0B) do not cover its short term liabilities (NOK2.2B).
Long Term Liabilities: NNRR.F's short term assets (NOK2.0B) exceed its long term liabilities (NOK816.0M).
Debt to Equity History and Analysis
Debt Level: NNRR.F's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: NNRR.F's debt to equity ratio has reduced from 80.7% to 37.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NNRR.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NNRR.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.3% per year.