To the full analysis
NKT stock: balance sheet and debt
NKT.CONKT has a debt to equity ratio of 0.11 and an interest coverage of 22x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.11
Interest coverage
22x
Current ratio
1.33
Cash & equivalents
$1.35B
Total assets
$6.2B
Equity ratio
39.2%
Goodwill
$474.27M
Plus intangible assets of $299.19M
Net debt
−$1.07B
More cash than debt
Total assets and equity ratio
How large the balance sheet of NKT A/S is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $1.09B | $127.52M | $92.33M | 38.2% | $153.73M |
| 2007 | $1.35B | $206.19M | $135.45M | 36.1% | $295.96M |
| 2008 | $1.48B | not reported separately | not reported separately | 34.9% | $319M |
| 2009 | $1.51B | not reported separately | not reported separately | 36.9% | $389.93M |
| 2010 | $1.87B | $262.65M | $170.55M | 32.8% | $618.54M |
| 2011 | $2.01B | not reported separately | not reported separately | 30.3% | $669.94M |
| 2012 | $1.92B | $298.24M | $187.03M | 44.3% | $297.61M |
| 2013 | $1.93B | $297.19M | $181.66M | 43.7% | $327.15M |
| 2014 | $1.84B | $323.55M | $198.61M | 48.4% | $180.71M |
| 2015 | $1.87B | $369.22M | $215.86M | 48.1% | $107.71M |
| 2016 | $1.94B | $81.45M | $29.92M | 54.5% | −$38.01M |
| 2017 | $2.11B | $661.98M | $462.63M | 42.9% | $327.22M |
| 2018 | $2.06B | $652.89M | $444.57M | 48.2% | $275.25M |
| 2019 | $1.98B | $658.21M | $440.36M | 44.9% | $268.49M |
| 2020 | $2.38B | $694.67M | $455.21M | 50.1% | −$28.59M |
| 2021 | $2.83B | $688.91M | $448.12M | 45.4% | $14.85M |
| 2022 | $3.07B | $585.52M | $388.28M | 41.3% | −$69.48M |
| 2023 | $3.99B | $603.25M | $388.83M | 43.7% | −$754.06M |
| 2024 | $5.38B | $715.83M | $448.78M | 38.1% | −$1.39B |
| 2025 | $6.2B | $773.45M | $474.27M | 39.2% | −$1.07B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $158.36M | $414.06M | $312.09M | 0.75 |
| 2007 | $82.79M | $482.42M | $378.76M | 0.78 |
| 2008 | $87.29M | $509.99M | $406.28M | 0.79 |
| 2009 | $37.81M | $553.8M | $427.74M | 0.77 |
| 2010 | $36.77M | $610.19M | $655.31M | 1.07 |
| 2011 | $40.44M | $605.76M | $710.38M | 1.17 |
| 2012 | $53.95M | $850.92M | $351.56M | 0.41 |
| 2013 | $55.83M | $841.71M | $382.98M | 0.45 |
| 2014 | $55.63M | $888.12M | $236.34M | 0.27 |
| 2015 | $64.6M | $896.01M | $172.31M | 0.19 |
| 2016 | $141.62M | $1.05B | $103.61M | 0.1 |
| 2017 | $49.53M | $904.54M | $376.75M | 0.42 |
| 2018 | $31.25M | $992.41M | $306.5M | 0.31 |
| 2019 | $7.65M | $890.69M | $276.14M | 0.31 |
| 2020 | $265.06M | $1.19B | $236.47M | 0.2 |
| 2021 | $222.17M | $1.29B | $237.02M | 0.18 |
| 2022 | $286.44M | $1.27B | $216.97M | 0.17 |
| 2023 | $983.88M | $1.75B | $229.82M | 0.13 |
| 2024 | $1.68B | $2.05B | $294.75M | 0.14 |
| 2025 | $1.35B | $2.43B | $278.13M | 0.11 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = DKK 6.7461, $1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.