NCAB Group Balance Sheet Health
Financial Health criteria checks 5/6
NCAB Group has a total shareholder equity of SEK1.5B and total debt of SEK995.7M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are SEK3.4B and SEK1.9B respectively. NCAB Group's EBIT is SEK518.8M making its interest coverage ratio 9.9. It has cash and short-term investments of SEK589.0M.
Key information
66.1%
Debt to equity ratio
SEK 995.70m
Debt
| Interest coverage ratio | 9.9x |
| Cash | SEK 589.00m |
| Equity | SEK 1.51b |
| Total liabilities | SEK 1.94b |
| Total assets | SEK 3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCAB.F's short term assets (SEK1.7B) exceed its short term liabilities (SEK912.0M).
Long Term Liabilities: NCAB.F's short term assets (SEK1.7B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: NCAB.F's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: NCAB.F's debt to equity ratio has increased from 29.4% to 66.1% over the past 5 years.
Debt Coverage: NCAB.F's debt is well covered by operating cash flow (59.4%).
Interest Coverage: NCAB.F's interest payments on its debt are well covered by EBIT (9.9x coverage).