Neinor Homes Balance Sheet Health
Financial Health criteria checks 6/6
Neinor Homes has a total shareholder equity of €948.0M and total debt of €400.0M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are €1.7B and €702.8M respectively. Neinor Homes's EBIT is €89.5M making its interest coverage ratio -56. It has cash and short-term investments of €233.1M.
Key information
42.2%
Debt to equity ratio
€400.02m
Debt
| Interest coverage ratio | -56x |
| Cash | €233.14m |
| Equity | €947.96m |
| Total liabilities | €702.85m |
| Total assets | €1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNRH.F's short term assets (€1.4B) exceed its short term liabilities (€493.7M).
Long Term Liabilities: NNRH.F's short term assets (€1.4B) exceed its long term liabilities (€209.1M).
Debt to Equity History and Analysis
Debt Level: NNRH.F's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: NNRH.F's debt to equity ratio has reduced from 46.4% to 42.2% over the past 5 years.
Debt Coverage: NNRH.F's debt is well covered by operating cash flow (31.5%).
Interest Coverage: NNRH.F earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/08 08:04 |
| End of Day Share Price | 2024/07/11 00:00 |
| Earnings | 2024/06/30 |
| 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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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
Neinor Homes, S.A. is covered by 20 analysts. 4 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 |
|---|---|
| Filipe Leite | Banco BPI, S.A. |
| Ignacio Romero | Banco de Sabadell. S.A. |
| null null | Banco de Sabadell. S.A. |