Northern Star Resources Balance Sheet Health
Financial Health criteria checks 4/6
Northern Star Resources has a total shareholder equity of A$8.8B and total debt of A$889.3M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are A$13.1B and A$4.3B respectively. Northern Star Resources's EBIT is A$961.8M making its interest coverage ratio 46.5. It has cash and short-term investments of A$1.1B.
Key information
10.1%
Debt to equity ratio
AU$889.30m
Debt
| Interest coverage ratio | 46.5x |
| Cash | AU$1.12b |
| Equity | AU$8.79b |
| Total liabilities | AU$4.29b |
| Total assets | AU$13.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NS7's short term assets (A$2.0B) exceed its short term liabilities (A$784.0M).
Long Term Liabilities: NS7's short term assets (A$2.0B) do not cover its long term liabilities (A$3.5B).
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 (232.8%).
Interest Coverage: NS7's interest payments on its debt are well covered by EBIT (46.5x coverage).