Newag Balance Sheet Health
Financial Health criteria checks 6/6
Newag has a total shareholder equity of PLN851.1M and total debt of PLN112.2M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are PLN1.8B and PLN931.3M respectively. Newag's EBIT is PLN205.9M making its interest coverage ratio 34.8. It has cash and short-term investments of PLN141.6M.
Key information
13.2%
Debt to equity ratio
zł112.17m
Debt
| Interest coverage ratio | 34.8x |
| Cash | zł141.59m |
| Equity | zł851.10m |
| Total liabilities | zł931.32m |
| Total assets | zł1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N0GA's short term assets (PLN1.2B) exceed its short term liabilities (PLN797.1M).
Long Term Liabilities: N0GA's short term assets (PLN1.2B) exceed its long term liabilities (PLN134.2M).
Debt to Equity History and Analysis
Debt Level: N0GA has more cash than its total debt.
Reducing Debt: N0GA's debt to equity ratio has reduced from 82% to 13.2% over the past 5 years.
Debt Coverage: N0GA's debt is well covered by operating cash flow (308.7%).
Interest Coverage: N0GA's interest payments on its debt are well covered by EBIT (34.8x coverage).