Nordic Semiconductor Balance Sheet Health
Financial Health criteria checks 3/6
Nordic Semiconductor has a total shareholder equity of $573.8M and total debt of $91.8M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are $820.1M and $246.3M respectively.
Key information
16.0%
Debt to equity ratio
US$91.80m
Debt
Interest coverage ratio | n/a |
Cash | US$235.01m |
Equity | US$573.81m |
Total liabilities | US$246.31m |
Total assets | US$820.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRSD.Y's short term assets ($561.0M) exceed its short term liabilities ($105.4M).
Long Term Liabilities: NRSD.Y's short term assets ($561.0M) exceed its long term liabilities ($140.9M).
Debt to Equity History and Analysis
Debt Level: NRSD.Y has more cash than its total debt.
Reducing Debt: NRSD.Y's debt to equity ratio has increased from 0% to 16% over the past 5 years.
Debt Coverage: NRSD.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NRSD.Y's interest payments on its debt are well covered by EBIT.