News Balance Sheet Health
Financial Health criteria checks 4/6
News has a total shareholder equity of $9.1B and total debt of $3.0B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are $16.7B and $7.6B respectively. News's EBIT is $791.0M making its interest coverage ratio 9.3. It has cash and short-term investments of $1.7B.
Key information
33.4%
Debt to equity ratio
US$3.04b
Debt
Interest coverage ratio | 9.3x |
Cash | US$1.72b |
Equity | US$9.10b |
Total liabilities | US$7.58b |
Total assets | US$16.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWSLV's short term assets ($4.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: NWSLV's short term assets ($4.0B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: NWSLV's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: NWSLV's debt to equity ratio has increased from 16.4% to 33.4% over the past 5 years.
Debt Coverage: NWSLV's debt is well covered by operating cash flow (40.6%).
Interest Coverage: NWSLV's interest payments on its debt are well covered by EBIT (9.3x coverage).