Netwealth Group Balance Sheet Health
Financial Health criteria checks 6/6
Netwealth Group has a total shareholder equity of A$133.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$179.3M and A$46.1M respectively. Netwealth Group's EBIT is A$114.8M making its interest coverage ratio 240.1. It has cash and short-term investments of A$116.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 240.1x |
Cash | AU$116.28m |
Equity | AU$133.15m |
Total liabilities | AU$46.12m |
Total assets | AU$179.27m |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Netwealth Group (ASX:NWL) Passed With Ease
Feb 03With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case
Oct 13Netwealth Group (ASX:NWL) Has Announced That It Will Be Increasing Its Dividend To A$0.13
Aug 18With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case
Jun 15Here's Why Netwealth Group (ASX:NWL) Has Caught The Eye Of Investors
Mar 15Is Now The Time To Put Netwealth Group (ASX:NWL) On Your Watchlist?
Oct 14Here's Why I Think Netwealth Group (ASX:NWL) Is An Interesting Stock
Jul 08Three Things You Should Check Before Buying Netwealth Group Limited (ASX:NWL) For Its Dividend
Apr 01Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?
Mar 14Independent Non-Executive Chairman Timothy Antonie Just Bought A Handful Of Shares In Netwealth Group Limited (ASX:NWL)
Feb 21What Kind Of Investors Own Most Of Netwealth Group Limited (ASX:NWL)?
Dec 27Who Has Been Selling Netwealth Group Limited (ASX:NWL) Shares?
Dec 06Financial Position Analysis
Short Term Liabilities: NWL's short term assets (A$147.8M) exceed its short term liabilities (A$30.8M).
Long Term Liabilities: NWL's short term assets (A$147.8M) exceed its long term liabilities (A$15.3M).
Debt to Equity History and Analysis
Debt Level: NWL is debt free.
Reducing Debt: NWL had no debt 5 years ago.
Debt Coverage: NWL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWL has no debt, therefore coverage of interest payments is not a concern.