Neo Performance Materials Financial Health
How is Neo Performance Materials's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NEO's short term assets ($429.3M) exceed its short term liabilities ($107.1M).
Long Term Liabilities: NEO's short term assets ($429.3M) exceed its long term liabilities ($48.5M).
Debt to Equity History and Analysis
Debt Level: NEO has more cash than its total debt.
Reducing Debt: NEO's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: NEO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NEO's interest payments on its debt are well covered by EBIT (18.8x coverage).