New Work Balance Sheet Health
Financial Health criteria checks 5/6
New Work has a total shareholder equity of €131.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €298.8M and €167.1M respectively. New Work's EBIT is €45.9M making its interest coverage ratio -22.3. It has cash and short-term investments of €81.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -22.3x |
| Cash | €81.41m |
| Equity | €131.71m |
| Total liabilities | €167.05m |
| Total assets | €298.77m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NWO's short term assets (€123.2M) do not cover its short term liabilities (€148.8M).
Long Term Liabilities: NWO's short term assets (€123.2M) exceed its long term liabilities (€18.3M).
Debt to Equity History and Analysis
Debt Level: NWO is debt free.
Reducing Debt: NWO has not had any debt for past 5 years.
Debt Coverage: NWO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NWO has no debt, therefore coverage of interest payments is not a concern.