Northern Star Resources Balance Sheet Health
Financial Health criteria checks 4/6
Northern Star Resources has a total shareholder equity of A$8.5B and total debt of A$859.7M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are A$12.4B and A$3.9B respectively. Northern Star Resources's EBIT is A$1.1B making its interest coverage ratio 53.5. It has cash and short-term investments of A$939.1M.
Key information
10.1%
Debt to equity ratio
AU$859.70m
Debt
Interest coverage ratio | 53.5x |
Cash | AU$939.10m |
Equity | AU$8.51b |
Total liabilities | AU$3.93b |
Total assets | AU$12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NS7's short term assets (A$1.9B) exceed its short term liabilities (A$651.3M).
Long Term Liabilities: NS7's short term assets (A$1.9B) do not cover its long term liabilities (A$3.3B).
Debt to Equity History and Analysis
Debt Level: NS7 has more cash than its total debt.
Reducing Debt: NS7's debt to equity ratio has increased from 0% to 10.1% over the past 5 years.
Debt Coverage: NS7's debt is well covered by operating cash flow (200.2%).
Interest Coverage: NS7's interest payments on its debt are well covered by EBIT (53.5x coverage).