NTAW Holdings Balance Sheet Health
Financial Health criteria checks 3/6
NTAW Holdings has a total shareholder equity of A$117.5M and total debt of A$94.3M, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are A$375.2M and A$257.7M respectively. NTAW Holdings's EBIT is A$17.4M making its interest coverage ratio 1.8. It has cash and short-term investments of A$31.2M.
Key information
80.3%
Debt to equity ratio
AU$94.28m
Debt
Interest coverage ratio | 1.8x |
Cash | AU$31.20m |
Equity | AU$117.47m |
Total liabilities | AU$257.72m |
Total assets | AU$375.19m |
Recent financial health updates
Here's Why National Tyre & Wheel (ASX:NTD) Has A Meaningful Debt Burden
Mar 21We Think National Tyre & Wheel (ASX:NTD) Is Taking Some Risk With Its Debt
Oct 30Is National Tyre & Wheel (ASX:NTD) Using Too Much Debt?
Jun 28Does National Tyre & Wheel (ASX:NTD) Have A Healthy Balance Sheet?
Dec 24Here's Why National Tyre & Wheel (ASX:NTD) Can Manage Its Debt Responsibly
Apr 11Here's Why National Tyre & Wheel (ASX:NTD) Can Manage Its Debt Responsibly
Dec 27Recent updates
Here's Why National Tyre & Wheel (ASX:NTD) Has A Meaningful Debt Burden
Mar 21Getting In Cheap On National Tyre & Wheel Limited (ASX:NTD) Might Be Difficult
Feb 07We Think National Tyre & Wheel (ASX:NTD) Is Taking Some Risk With Its Debt
Oct 30Is National Tyre & Wheel (ASX:NTD) Using Too Much Debt?
Jun 28Does National Tyre & Wheel (ASX:NTD) Have A Healthy Balance Sheet?
Dec 24National Tyre & Wheel (ASX:NTD) Will Pay A Smaller Dividend Than Last Year
Sep 02Why National Tyre & Wheel Limited (ASX:NTD) Could Be Worth Watching
Jul 27National Tyre & Wheel's (ASX:NTD) Dividend Will Be AU$0.03
Feb 24What Does National Tyre & Wheel Limited's (ASX:NTD) Share Price Indicate?
Feb 23National Tyre & Wheel Limited's (ASX:NTD) CEO Compensation Is Looking A Bit Stretched At The Moment
Oct 27At AU$0.94, Is It Time To Put National Tyre & Wheel Limited (ASX:NTD) On Your Watch List?
May 05Here's Why National Tyre & Wheel (ASX:NTD) Can Manage Its Debt Responsibly
Apr 11Should You Be Adding National Tyre & Wheel (ASX:NTD) To Your Watchlist Today?
Mar 25Is It Smart To Buy National Tyre & Wheel Limited (ASX:NTD) Before It Goes Ex-Dividend?
Mar 07National Tyre & Wheel (ASX:NTD) Shareholders Have Enjoyed An Impressive 160% Share Price Gain
Feb 19Should You Think About Buying National Tyre & Wheel Limited (ASX:NTD) Now?
Feb 01Is National Tyre & Wheel Limited's (ASX:NTD) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 14Here's Why National Tyre & Wheel (ASX:NTD) Can Manage Its Debt Responsibly
Dec 27How Is National Tyre & Wheel's (ASX:NTD) CEO Paid Relative To Peers?
Dec 12Does National Tyre & Wheel's (ASX:NTD) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 24Are National Tyre & Wheel's (ASX:NTD) Statutory Earnings A Good Guide To Its Underlying Profitability?
Aug 26A Look At The Intrinsic Value Of National Tyre & Wheel Limited (ASX:NTD)
Aug 07Will National Tyre & Wheel (ASX:NTD) Multiply In Value Going Forward?
Jul 03Financial Position Analysis
Short Term Liabilities: NTD's short term assets (A$238.9M) exceed its short term liabilities (A$106.4M).
Long Term Liabilities: NTD's short term assets (A$238.9M) exceed its long term liabilities (A$151.3M).
Debt to Equity History and Analysis
Debt Level: NTD's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: NTD's debt to equity ratio has increased from 20.3% to 80.3% over the past 5 years.
Debt Coverage: NTD's debt is well covered by operating cash flow (37.7%).
Interest Coverage: NTD's interest payments on its debt are not well covered by EBIT (1.8x coverage).