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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/08 15:50 |
| End of Day Share Price | 2024/09/10 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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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
NRC Group ASA is covered by 8 analysts. 2 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 |
|---|---|
| Glenn Kringhaug | ABG Sundal Collier |
| Martin Hoff | Arctic Securities ASA |
| Chr. Frederik Lunde | Carnegie Investment Bank AB |