NGE Capital Balance Sheet Health
Financial Health criteria checks 6/6
NGE Capital has a total shareholder equity of A$44.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$45.4M and A$890.0K respectively. NGE Capital's EBIT is A$2.6M making its interest coverage ratio 857.3. It has cash and short-term investments of A$34.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 857.3x |
| Cash | AU$34.06m |
| Equity | AU$44.56m |
| Total liabilities | AU$890.00k |
| Total assets | AU$45.45m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NGE's short term assets (A$42.5M) exceed its short term liabilities (A$890.0K).
Long Term Liabilities: NGE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NGE is debt free.
Reducing Debt: NGE had no debt 5 years ago.
Debt Coverage: NGE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NGE has no debt, therefore coverage of interest payments is not a concern.