Neo Performance Materials Financial Health

How is Neo Performance Materials's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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