NORMA Group Balance Sheet Health
Financial Health criteria checks 4/6
NORMA Group has a total shareholder equity of €753.8M and total debt of €493.8M, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are €1.6B and €896.0M respectively. NORMA Group's EBIT is €68.7M making its interest coverage ratio 7.8. It has cash and short-term investments of €147.9M.
Key information
65.5%
Debt to equity ratio
€493.77m
Debt
Interest coverage ratio | 7.8x |
Cash | €147.93m |
Equity | €753.80m |
Total liabilities | €896.04m |
Total assets | €1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOEJ.F's short term assets (€665.3M) exceed its short term liabilities (€429.4M).
Long Term Liabilities: NOEJ.F's short term assets (€665.3M) exceed its long term liabilities (€466.6M).
Debt to Equity History and Analysis
Debt Level: NOEJ.F's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: NOEJ.F's debt to equity ratio has reduced from 111.2% to 65.5% over the past 5 years.
Debt Coverage: NOEJ.F's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: NOEJ.F's interest payments on its debt are well covered by EBIT (7.8x coverage).