News Balance Sheet Health
Financial Health criteria checks 4/6
News has a total shareholder equity of $8.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are $16.5B and $7.6B respectively. News's EBIT is $778.0M making its interest coverage ratio 9.8. It has cash and short-term investments of $1.9B.
Key information
32.6%
Debt to equity ratio
US$2.90b
Debt
Interest coverage ratio | 9.8x |
Cash | US$1.94b |
Equity | US$8.91b |
Total liabilities | US$7.64b |
Total assets | US$16.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1WS34's short term assets ($4.1B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: N1WS34's short term assets ($4.1B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: N1WS34's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: N1WS34's debt to equity ratio has increased from 15.1% to 32.6% over the past 5 years.
Debt Coverage: N1WS34's debt is well covered by operating cash flow (43.7%).
Interest Coverage: N1WS34's interest payments on its debt are well covered by EBIT (9.8x coverage).