N1 Holdings Balance Sheet Health
Financial Health criteria checks 2/6
N1 Holdings has a total shareholder equity of A$1.7M and total debt of A$107.7M, which brings its debt-to-equity ratio to 6387.4%. Its total assets and total liabilities are A$114.6M and A$112.9M respectively. N1 Holdings's EBIT is A$12.9M making its interest coverage ratio 1.1. It has cash and short-term investments of A$13.5M.
Key information
6,387.4%
Debt to equity ratio
AU$107.75m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$13.53m |
| Equity | AU$1.69m |
| Total liabilities | AU$112.93m |
| Total assets | AU$114.62m |
Recent financial health updates
No updates
Recent updates
N1 Holdings Limited's (ASX:N1H) Price Is Right But Growth Is Lacking
Aug 21
N1 Holdings Limited's (ASX:N1H) Shares May Have Run Too Fast Too Soon
Oct 18We Ran A Stock Scan For Earnings Growth And N1 Holdings (ASX:N1H) Passed With Ease
Jan 21Here's Why We Think N1 Holdings (ASX:N1H) Might Deserve Your Attention Today
Sep 04Why N1 Holdings' (ASX:N1H) CEO Pay Matters
Feb 09Financial Position Analysis
Short Term Liabilities: N1H's short term assets (A$109.0M) exceed its short term liabilities (A$30.4M).
Long Term Liabilities: N1H's short term assets (A$109.0M) exceed its long term liabilities (A$82.5M).
Debt to Equity History and Analysis
Debt Level: N1H's net debt to equity ratio (5585.2%) is considered high.
Reducing Debt: N1H's debt to equity ratio has increased from 3344.8% to 6387.4% over the past 5 years.
Debt Coverage: N1H's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: N1H's interest payments on its debt are not well covered by EBIT (1.1x coverage).