Nido Education Balance Sheet Health
Financial Health criteria checks 2/6
Nido Education has a total shareholder equity of A$109.4M and total debt of A$28.4M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are A$323.9M and A$214.4M respectively.
Key information
25.9%
Debt to equity ratio
AU$28.37m
Debt
Interest coverage ratio | n/a |
Cash | AU$25.57m |
Equity | AU$109.45m |
Total liabilities | AU$214.43m |
Total assets | AU$323.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDO's short term assets (A$30.6M) do not cover its short term liabilities (A$61.2M).
Long Term Liabilities: NDO's short term assets (A$30.6M) do not cover its long term liabilities (A$153.3M).
Debt to Equity History and Analysis
Debt Level: NDO's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NDO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NDO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NDO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.