NFI Group Balance Sheet Health
Financial Health criteria checks 2/6
NFI Group has a total shareholder equity of $702.9M and total debt of $999.2M, which brings its debt-to-equity ratio to 142.2%. Its total assets and total liabilities are $2.7B and $2.0B respectively.
Key information
142.2%
Debt to equity ratio
US$999.21m
Debt
Interest coverage ratio | n/a |
Cash | US$49.62m |
Equity | US$702.91m |
Total liabilities | US$2.00b |
Total assets | US$2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9NF's short term assets ($1.3B) exceed its short term liabilities ($719.7M).
Long Term Liabilities: 9NF's short term assets ($1.3B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: 9NF's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: 9NF's debt to equity ratio has increased from 80.2% to 142.2% over the past 5 years.
Debt Coverage: 9NF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 9NF's interest payments on its debt are well covered by EBIT.