N1 Holdings Balance Sheet Health
Financial Health criteria checks 2/6
N1 Holdings has a total shareholder equity of A$1.2M and total debt of A$103.1M, which brings its debt-to-equity ratio to 8955.3%. Its total assets and total liabilities are A$108.7M and A$107.6M respectively. N1 Holdings's EBIT is A$10.4M making its interest coverage ratio 1.1. It has cash and short-term investments of A$12.5M.
Key information
8,955.3%
Debt to equity ratio
AU$103.14m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$12.51m |
| Equity | AU$1.15m |
| Total liabilities | AU$107.59m |
| Total assets | AU$108.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1H's short term assets (A$103.0M) exceed its short term liabilities (A$29.7M).
Long Term Liabilities: N1H's short term assets (A$103.0M) exceed its long term liabilities (A$77.9M).
Debt to Equity History and Analysis
Debt Level: N1H's net debt to equity ratio (7869.6%) is considered high.
Reducing Debt: N1H's debt to equity ratio has increased from 300.5% to 8955.3% over the past 5 years.
Debt Coverage: N1H's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: N1H's interest payments on its debt are not well covered by EBIT (1.1x coverage).