New Hope Balance Sheet Health
Financial Health criteria checks 6/6
New Hope has a total shareholder equity of A$2.5B and total debt of A$258.7M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are A$3.5B and A$925.4M respectively. New Hope's EBIT is A$706.2M making its interest coverage ratio 125.6. It has cash and short-term investments of A$824.5M.
Key information
10.2%
Debt to equity ratio
AU$258.73m
Debt
| Interest coverage ratio | 125.6x |
| Cash | AU$824.53m |
| Equity | AU$2.54b |
| Total liabilities | AU$925.42m |
| Total assets | AU$3.47b |
Recent financial health updates
Is New Hope (ASX:NHC) Using Too Much Debt?
Jan 14
New Hope (ASX:NHC) Could Easily Take On More Debt
Jun 26New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly
Mar 26These 4 Measures Indicate That New Hope (ASX:NHC) Is Using Debt Safely
Nov 19New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly
Jul 29Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?
Apr 28Recent updates
Is New Hope (ASX:NHC) Using Too Much Debt?
Jan 14Lacklustre Performance Is Driving New Hope Corporation Limited's (ASX:NHC) Low P/E
Dec 04New Hope (ASX:NHC) Is Very Good At Capital Allocation
Oct 13Investors Aren't Buying New Hope Corporation Limited's (ASX:NHC) Earnings
Aug 20Is There An Opportunity With New Hope Corporation Limited's (ASX:NHC) 41% Undervaluation?
Aug 02New Hope (ASX:NHC) Will Pay A Smaller Dividend Than Last Year
Mar 21Should You Be Adding New Hope (ASX:NHC) To Your Watchlist Today?
Mar 13New Hope Corporation Limited's (ASX:NHC) Intrinsic Value Is Potentially 47% Above Its Share Price
Feb 22Benign Growth For New Hope Corporation Limited (ASX:NHC) Underpins Its Share Price
Dec 20Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today
Nov 27Is New Hope Corporation Limited (ASX:NHC) Trading At A 20% Discount?
Aug 24Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today
Jul 24New Hope (ASX:NHC) Could Easily Take On More Debt
Jun 26Here's Why We Think New Hope (ASX:NHC) Is Well Worth Watching
Apr 17New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly
Mar 26These Analysts Just Made A Notable Downgrade To Their New Hope Corporation Limited (ASX:NHC) EPS Forecasts
Feb 22Calculating The Fair Value Of New Hope Corporation Limited (ASX:NHC)
Jan 21Here's Why We Think New Hope (ASX:NHC) Is Well Worth Watching
Dec 20These 4 Measures Indicate That New Hope (ASX:NHC) Is Using Debt Safely
Nov 19Estimating The Fair Value Of New Hope Corporation Limited (ASX:NHC)
Oct 17New Hope (ASX:NHC) Will Pay A Larger Dividend Than Last Year At A$0.56
Sep 29New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly
Jul 29A Look At The Intrinsic Value Of New Hope Corporation Limited (ASX:NHC)
May 19Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?
Apr 28Need To Know: Analysts Are Much More Bullish On New Hope Corporation Limited (ASX:NHC) Revenues
Mar 09Financial Position Analysis
Short Term Liabilities: NHC's short term assets (A$1.3B) exceed its short term liabilities (A$614.7M).
Long Term Liabilities: NHC's short term assets (A$1.3B) exceed its long term liabilities (A$310.7M).
Debt to Equity History and Analysis
Debt Level: NHC has more cash than its total debt.
Reducing Debt: NHC's debt to equity ratio has reduced from 18% to 10.2% over the past 5 years.
Debt Coverage: NHC's debt is well covered by operating cash flow (217.2%).
Interest Coverage: NHC's interest payments on its debt are well covered by EBIT (125.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 05:09 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Hope Corporation Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| James Williamson | Bell Potter |
| Andrew Scott | CGS International |