Nine Entertainment Holdings Financial Health

How is Nine Entertainment Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NEC's short term assets (A$892.8M) do not cover its short term liabilities (A$907.5M).

Long Term Liabilities: NEC's short term assets (A$892.8M) do not cover its long term liabilities (A$1.2B).


Debt to Equity History and Analysis

Debt Level: NEC's net debt to equity ratio (15.7%) is considered satisfactory.

Reducing Debt: NEC's debt to equity ratio has increased from 17.9% to 23.1% over the past 5 years.

Debt Coverage: NEC's debt is well covered by operating cash flow (102%).

Interest Coverage: NEC's interest payments on its debt are well covered by EBIT (20.7x coverage).


Balance Sheet


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