Newmark Security Balance Sheet Health
Financial Health criteria checks 4/6
Newmark Security has a total shareholder equity of £8.1M and total debt of £3.1M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are £16.7M and £8.5M respectively. Newmark Security's EBIT is £774.0K making its interest coverage ratio 2. It has cash and short-term investments of £1.1M.
Key information
38.4%
Debt to equity ratio
UK£3.12m
Debt
| Interest coverage ratio | 2x |
| Cash | UK£1.14m |
| Equity | UK£8.12m |
| Total liabilities | UK£8.53m |
| Total assets | UK£16.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NN10's short term assets (£8.4M) exceed its short term liabilities (£6.5M).
Long Term Liabilities: NN10's short term assets (£8.4M) exceed its long term liabilities (£2.0M).
Debt to Equity History and Analysis
Debt Level: NN10's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: NN10's debt to equity ratio has increased from 9.7% to 38.4% over the past 5 years.
Debt Coverage: NN10's debt is well covered by operating cash flow (96.1%).
Interest Coverage: NN10's interest payments on its debt are not well covered by EBIT (2x coverage).