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
Financial 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.