Nam Tai Property Balance Sheet Health
Financial Health criteria checks 2/6
Nam Tai Property has a total shareholder equity of $271.5M and total debt of $198.2M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are $770.8M and $499.2M respectively. Nam Tai Property's EBIT is $67.7M making its interest coverage ratio -274. It has cash and short-term investments of $70.4M.
Key information
73.0%
Debt to equity ratio
US$198.18m
Debt
Interest coverage ratio | -274x |
Cash | US$70.38m |
Equity | US$271.54m |
Total liabilities | US$499.24m |
Total assets | US$770.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT1's short term assets ($351.4M) do not cover its short term liabilities ($364.4M).
Long Term Liabilities: NT1's short term assets ($351.4M) exceed its long term liabilities ($134.8M).
Debt to Equity History and Analysis
Debt Level: NT1's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: Insufficient data to determine if NT1's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NT1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NT1 earns more interest than it pays, so coverage of interest payments is not a concern.