Northwest Pipe Balance Sheet Health
Financial Health criteria checks 4/6
Northwest Pipe has a total shareholder equity of $342.6M and total debt of $100.6M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $621.3M and $278.7M respectively. Northwest Pipe's EBIT is $37.8M making its interest coverage ratio 7.6. It has cash and short-term investments of $4.6M.
Key information
29.4%
Debt to equity ratio
US$100.62m
Debt
Interest coverage ratio | 7.6x |
Cash | US$4.62m |
Equity | US$342.61m |
Total liabilities | US$278.69m |
Total assets | US$621.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NW7's short term assets ($296.7M) exceed its short term liabilities ($83.3M).
Long Term Liabilities: NW7's short term assets ($296.7M) exceed its long term liabilities ($195.4M).
Debt to Equity History and Analysis
Debt Level: NW7's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: NW7's debt to equity ratio has increased from 0% to 29.4% over the past 5 years.
Debt Coverage: NW7's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: NW7's interest payments on its debt are well covered by EBIT (7.6x coverage).