Nickel Industries Financial Health

How is Nickel Industries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NIC's short term assets ($518.8M) exceed its short term liabilities ($143.9M).

Long Term Liabilities: NIC's short term assets ($518.8M) exceed its long term liabilities ($400.3M).


Debt to Equity History and Analysis

Debt Level: NIC's net debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: NIC's debt to equity ratio has reduced from 1172.2% to 20% over the past 5 years.

Debt Coverage: NIC's debt is well covered by operating cash flow (34.6%).

Interest Coverage: NIC's interest payments on its debt are well covered by EBIT (11.2x coverage).


Balance Sheet


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