Newag Balance Sheet Health
Financial Health criteria checks 6/6
Newag has a total shareholder equity of PLN802.3M and total debt of PLN110.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are PLN1.7B and PLN928.7M respectively. Newag's EBIT is PLN144.2M making its interest coverage ratio 5.9. It has cash and short-term investments of PLN483.6M.
Key information
13.7%
Debt to equity ratio
zł109.96m
Debt
Interest coverage ratio | 5.9x |
Cash | zł483.58m |
Equity | zł802.32m |
Total liabilities | zł928.71m |
Total assets | zł1.73b |
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 (PLN802.3M).
Long Term Liabilities: N0GA's short term assets (PLN1.2B) exceed its long term liabilities (PLN126.4M).
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 52.6% to 13.7% over the past 5 years.
Debt Coverage: N0GA's debt is well covered by operating cash flow (631.6%).
Interest Coverage: N0GA's interest payments on its debt are well covered by EBIT (5.9x coverage).