Network Media Group Balance Sheet Health

Financial Health criteria checks 4/6

Network Media Group has a total shareholder equity of CA$10.0M and total debt of CA$2.5M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CA$20.1M and CA$10.1M respectively.

Key information

25.4%

Debt to equity ratio

CA$2.54m

Debt

Interest coverage ratio	n/a
Cash	CA$3.44m
Equity	CA$9.99m
Total liabilities	CA$10.08m
Total assets	CA$20.07m

Recent financial health updates

Recent updates

Health Check: How Prudently Does Network Media Group (CVE:NTE) Use Debt?

Feb 02

Is Network Media Group (CVE:NTE) A Risky Investment?

Jul 31

Is Network Media Group (CVE:NTE) Using Too Much Debt?

May 01

Is Network Media Group (CVE:NTE) Using Debt Sensibly?

Jul 21

Is Network Media Group (CVE:NTE) Using Debt In A Risky Way?

Apr 03

Calculating The Intrinsic Value Of Network Media Group Inc. (CVE:NTE)

May 06

Are Robust Financials Driving The Recent Rally In Network Media Group Inc.'s (CVE:NTE) Stock?

Feb 19

Does Network Media Group (CVE:NTE) Deserve A Spot On Your Watchlist?

Dec 28

Financial Position Analysis

Short Term Liabilities: NTE's short term assets (CA$6.9M) do not cover its short term liabilities (CA$9.5M).

Long Term Liabilities: NTE's short term assets (CA$6.9M) exceed its long term liabilities (CA$594.5K).

Debt to Equity History and Analysis

Debt Level: NTE has more cash than its total debt.

Reducing Debt: NTE's debt to equity ratio has reduced from 83.2% to 25.4% over the past 5 years.

Debt Coverage: NTE's debt is well covered by operating cash flow (255.6%).

Interest Coverage: Insufficient data to determine if NTE's interest payments on its debt are well covered by EBIT.

Network Media Group Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Health Check: How Prudently Does Network Media Group (CVE:NTE) Use Debt?

Is Network Media Group (CVE:NTE) A Risky Investment?

Is Network Media Group (CVE:NTE) Using Too Much Debt?

Is Network Media Group (CVE:NTE) Using Debt Sensibly?

Is Network Media Group (CVE:NTE) Using Debt In A Risky Way?

Recent updates

First quarter 2024 earnings released: CA$0.034 loss per share (vs CA$0.042 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.018 loss per share (vs CA$0.034 profit in FY 2022)

Health Check: How Prudently Does Network Media Group (CVE:NTE) Use Debt?

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: CA$0.045 (vs CA$0.15 in 3Q 2022)

Network Media Group Inc., Annual General Meeting, Dec 08, 2023

Second quarter 2023 earnings released: CA$0.007 loss per share (vs CA$0.015 loss in 2Q 2022)

Is Network Media Group (CVE:NTE) A Risky Investment?

Less than half of directors are independent

Network Media Group Inc. Announces Retirement of Steven Kotlowitz as Board Member

Network Media Group Inc. Announces the Appointment of Curtis White as President

Is Network Media Group (CVE:NTE) Using Too Much Debt?

Full year 2022 earnings released: EPS: CA$0.007 (vs CA$0.033 loss in FY 2021)

Network Entertainment's Feature Documentary Anne Murray

Third quarter 2022 earnings released: EPS: CA$0.031 (vs CA$0.008 loss in 3Q 2021)

Network Media Group Inc., Annual General Meeting, Dec 16, 2022

Second quarter 2022 earnings released: CA$0.015 loss per share (vs CA$0.008 loss in 2Q 2021)

Is Network Media Group (CVE:NTE) Using Debt Sensibly?

Network Media Group Inc. Appoints Brian Gersh as President of Network Entertainment USA

Now 26% undervalued after recent price drop

First quarter 2022 earnings released: CA$0.011 loss per share (vs CA$0.007 loss in 1Q 2021)

Is Network Media Group (CVE:NTE) Using Debt In A Risky Way?

Full year 2021 earnings released: CA$0.033 loss per share (vs CA$0.021 profit in FY 2020)

Network Media Group Inc and Network Entertainment Inc. Announces Its New Feature Length Documentary, Anne Murray

Third quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.001 profit in 3Q 2020)

Independent Director Michael McIsaac has left the company

Less than half of directors are independent

Second quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.009 profit in 2Q 2020)

Calculating The Intrinsic Value Of Network Media Group Inc. (CVE:NTE)

First quarter 2021 earnings released: CA$0.007 loss per share (vs CA$0.004 profit in 1Q 2020)

Full year 2020 earnings released: EPS CA$0.021 (vs CA$0.055 in FY 2019)

Are Robust Financials Driving The Recent Rally In Network Media Group Inc.'s (CVE:NTE) Stock?

New 90-day high: CA$0.20

Does Network Media Group (CVE:NTE) Deserve A Spot On Your Watchlist?

Third quarter earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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