Nick Scali Balance Sheet Health
Financial Health criteria checks 4/6
Nick Scali has a total shareholder equity of A$192.0M and total debt of A$71.7M, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are A$600.4M and A$408.5M respectively. Nick Scali's EBIT is A$128.2M making its interest coverage ratio 11.1. It has cash and short-term investments of A$68.3M.
Key information
37.3%
Debt to equity ratio
AU$71.69m
Debt
Interest coverage ratio | 11.1x |
Cash | AU$68.30m |
Equity | AU$191.98m |
Total liabilities | AU$408.45m |
Total assets | AU$600.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCK's short term assets (A$126.7M) do not cover its short term liabilities (A$132.8M).
Long Term Liabilities: NCK's short term assets (A$126.7M) do not cover its long term liabilities (A$275.6M).
Debt to Equity History and Analysis
Debt Level: NCK's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: NCK's debt to equity ratio has reduced from 37.9% to 37.3% over the past 5 years.
Debt Coverage: NCK's debt is well covered by operating cash flow (204.9%).
Interest Coverage: NCK's interest payments on its debt are well covered by EBIT (11.1x coverage).