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New Energy Solar Balance Sheet Health

Financial Health criteria checks 6/6

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ratio1324.6x
CashAU$14.66m
EquityAU$361.13m
Total liabilitiesAU$10.31m
Total assetsAU$371.45m

Recent financial health updates

No updates

Recent updates

Calculating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Jun 14
Calculating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Estimating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Mar 01
Estimating The Intrinsic Value Of New Energy Solar Limited (ASX:NEW)

Financial Position Analysis

Short Term Liabilities: NEW's short term assets (A$26.1M) exceed its short term liabilities (A$10.3M).

Long Term Liabilities: NEW has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NEW is debt free.

Reducing Debt: NEW has not had any debt for past 5 years.

Debt Coverage: NEW has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NEW has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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