Newpark Resources Balance Sheet Health
Financial Health criteria checks 6/6
Newpark Resources has a total shareholder equity of $421.6M and total debt of $66.2M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $640.8M and $219.2M respectively. Newpark Resources's EBIT is $40.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $37.7M.
Key information
15.7%
Debt to equity ratio
US$66.19m
Debt
Interest coverage ratio | 5.1x |
Cash | US$37.70m |
Equity | US$421.59m |
Total liabilities | US$219.24m |
Total assets | US$640.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWP's short term assets ($347.9M) exceed its short term liabilities ($124.6M).
Long Term Liabilities: NWP's short term assets ($347.9M) exceed its long term liabilities ($94.6M).
Debt to Equity History and Analysis
Debt Level: NWP's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: NWP's debt to equity ratio has reduced from 31.6% to 15.7% over the past 5 years.
Debt Coverage: NWP's debt is well covered by operating cash flow (124.7%).
Interest Coverage: NWP's interest payments on its debt are well covered by EBIT (5.1x coverage).