Nathan's Famous Balance Sheet Health
Financial Health criteria checks 2/6
Nathan's Famous has a total shareholder equity of $-35.0M and total debt of $59.5M, which brings its debt-to-equity ratio to -170.1%. Its total assets and total liabilities are $42.9M and $77.9M respectively. Nathan's Famous's EBIT is $32.1M making its interest coverage ratio 5.7. It has cash and short-term investments of $16.7M.
Key information
-170.1%
Debt to equity ratio
US$59.49m
Debt
Interest coverage ratio | 5.7x |
Cash | US$16.73m |
Equity | -US$34.98m |
Total liabilities | US$77.89m |
Total assets | US$42.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NFA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NFA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NFA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: NFA's debt is well covered by operating cash flow (33.8%).
Interest Coverage: NFA's interest payments on its debt are well covered by EBIT (5.7x coverage).