nib holdings Balance Sheet Health
Financial Health criteria checks 6/6
nib holdings has a total shareholder equity of A$1.0B and total debt of A$246.2M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are A$2.0B and A$1.0B respectively. nib holdings's EBIT is A$336.5M making its interest coverage ratio 153. It has cash and short-term investments of A$1.3B.
Key information
23.7%
Debt to equity ratio
AU$246.20m
Debt
| Interest coverage ratio | 153x |
| Cash | AU$1.28b |
| Equity | AU$1.04b |
| Total liabilities | AU$1.00b |
| Total assets | AU$2.04b |
Recent financial health updates
No updates
Recent updates
nib holdings limited's (ASX:NHF) Price Is Right But Growth Is Lacking
Apr 06
With EPS Growth And More, nib holdings (ASX:NHF) Makes An Interesting Case
Feb 29nib holdings limited (ASX:NHF) Investors Are Less Pessimistic Than Expected
Jan 05Do nib holdings' (ASX:NHF) Earnings Warrant Your Attention?
Oct 07nib holdings' (ASX:NHF) Dividend Will Be Increased To A$0.15
Aug 28Here's Why I Think nib holdings (ASX:NHF) Is An Interesting Stock
May 25Is Now The Time To Put nib holdings (ASX:NHF) On Your Watchlist?
Feb 23nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year
Feb 23This Is Why nib holdings limited's (ASX:NHF) CEO Compensation Looks Appropriate
Oct 28Only Four Days Left To Cash In On nib holdings' (ASX:NHF) Dividend
Feb 27Here's What You Should Know About nib holdings limited's (ASX:NHF) 2.4% Dividend Yield
Feb 23Did You Participate In Any Of nib holdings' (ASX:NHF) Respectable 90% Return?
Jan 26
Is nib holdings limited's (ASX:NHF) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 05How Is nib holdings' (ASX:NHF) CEO Paid Relative To Peers?
Dec 15What To Know Before Buying nib holdings limited (ASX:NHF) For Its Dividend
Nov 24Financial Position Analysis
Short Term Liabilities: NHF's short term assets (A$1.4B) exceed its short term liabilities (A$634.7M).
Long Term Liabilities: NHF's short term assets (A$1.4B) exceed its long term liabilities (A$366.6M).
Debt to Equity History and Analysis
Debt Level: NHF has more cash than its total debt.
Reducing Debt: NHF's debt to equity ratio has reduced from 38.7% to 23.7% over the past 5 years.
Debt Coverage: NHF's debt is well covered by operating cash flow (123.6%).
Interest Coverage: NHF's interest payments on its debt are well covered by EBIT (153x coverage).