Northwest Pipe Balance Sheet Health
Financial Health criteria checks 5/6
Northwest Pipe has a total shareholder equity of $362.4M and total debt of $71.6M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are $617.2M and $254.8M respectively. Northwest Pipe's EBIT is $46.4M making its interest coverage ratio 7.9. It has cash and short-term investments of $5.8M.
Key information
19.8%
Debt to equity ratio
US$71.62m
Debt
| Interest coverage ratio | 7.9x |
| Cash | US$5.85m |
| Equity | US$362.36m |
| Total liabilities | US$254.83m |
| Total assets | US$617.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NW7's short term assets ($293.7M) exceed its short term liabilities ($91.8M).
Long Term Liabilities: NW7's short term assets ($293.7M) exceed its long term liabilities ($163.0M).
Debt to Equity History and Analysis
Debt Level: NW7's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: NW7's debt to equity ratio has increased from 0% to 19.8% over the past 5 years.
Debt Coverage: NW7's debt is well covered by operating cash flow (39.1%).
Interest Coverage: NW7's interest payments on its debt are well covered by EBIT (7.9x coverage).