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 32.7%. Its total assets and total liabilities are $16.9B and $8.0B respectively. News's EBIT is $710.0M making its interest coverage ratio 7.9. It has cash and short-term investments of $1.9B.
Key information
32.7%
Debt to equity ratio
US$2.93b
Debt
Interest coverage ratio | 7.9x |
Cash | US$1.86b |
Equity | US$8.95b |
Total liabilities | US$7.98b |
Total assets | US$16.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1WS35's short term assets ($4.1B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: N1WS35's short term assets ($4.1B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: N1WS35's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: N1WS35's debt to equity ratio has increased from 18.9% to 32.7% over the past 5 years.
Debt Coverage: N1WS35's debt is well covered by operating cash flow (37.3%).
Interest Coverage: N1WS35's interest payments on its debt are well covered by EBIT (7.9x coverage).