NCC Group Balance Sheet Health
Financial Health criteria checks 5/6
NCC Group has a total shareholder equity of £235.0M and total debt of £56.5M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are £433.3M and £198.3M respectively. NCC Group's EBIT is £20.0M making its interest coverage ratio 3.2. It has cash and short-term investments of £18.0M.
Key information
24.0%
Debt to equity ratio
UK£56.50m
Debt
| Interest coverage ratio | 3.2x |
| Cash | UK£18.00m |
| Equity | UK£235.00m |
| Total liabilities | UK£198.30m |
| Total assets | UK£433.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCCG.F's short term assets (£84.7M) do not cover its short term liabilities (£113.7M).
Long Term Liabilities: NCCG.F's short term assets (£84.7M) exceed its long term liabilities (£84.6M).
Debt to Equity History and Analysis
Debt Level: NCCG.F's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: NCCG.F's debt to equity ratio has reduced from 26.1% to 24% over the past 5 years.
Debt Coverage: NCCG.F's debt is well covered by operating cash flow (48.3%).
Interest Coverage: NCCG.F's interest payments on its debt are well covered by EBIT (3.2x coverage).