Navigator Global Investments Balance Sheet Health
Financial Health criteria checks 4/6
Navigator Global Investments has a total shareholder equity of $415.4M and total debt of $31.2M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are $786.3M and $370.9M respectively. Navigator Global Investments's EBIT is $13.7M making its interest coverage ratio -0.2. It has cash and short-term investments of $64.6M.
Key information
7.5%
Debt to equity ratio
US$31.19m
Debt
| Interest coverage ratio | -0.2x |
| Cash | US$64.61m |
| Equity | US$415.37m |
| Total liabilities | US$370.93m |
| Total assets | US$786.30m |
Recent financial health updates
No updates
Recent updates
Navigator Global Investments Limited (ASX:NGI) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Jan 15
Analysts Just Published A Bright New Outlook For Navigator Global Investments Limited's (ASX:NGI)
Aug 25Here's Why We Think Navigator Global Investments (ASX:NGI) Is Well Worth Watching
Jul 21We Discuss Why Navigator Global Investments Limited's (ASX:NGI) CEO Compensation May Be Closely Reviewed
Nov 10Industry Analysts Just Made An Incredible Upgrade To Their Navigator Global Investments Limited (ASX:NGI) Revenue Forecasts
Aug 21Something To Consider Before Buying Navigator Global Investments Limited (ASX:NGI) For The 6.0% Dividend
May 05Navigator Global Investments' (ASX:NGI) Shareholders Are Down 43% On Their Shares
Feb 09
Something To Consider Before Buying Navigator Global Investments Limited (ASX:NGI) For The 8.0% Dividend
Jan 19What Type Of Shareholders Make Up Navigator Global Investments Limited's (ASX:NGI) Share Registry?
Dec 29How Much Is Navigator Global Investments' (ASX:NGI) CEO Getting Paid?
Dec 03Financial Position Analysis
Short Term Liabilities: NGI's short term assets ($97.3M) do not cover its short term liabilities ($315.6M).
Long Term Liabilities: NGI's short term assets ($97.3M) exceed its long term liabilities ($55.3M).
Debt to Equity History and Analysis
Debt Level: NGI has more cash than its total debt.
Reducing Debt: NGI's debt to equity ratio has increased from 0% to 7.5% over the past 5 years.
Debt Coverage: NGI's debt is well covered by operating cash flow (192.6%).
Interest Coverage: NGI earns more interest than it pays, so coverage of interest payments is not a concern.