Norfolk Southern Balance Sheet Health
Financial Health criteria checks 2/6
Norfolk Southern has a total shareholder equity of $13.8B and total debt of $17.7B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are $43.3B and $29.5B respectively. Norfolk Southern's EBIT is $4.5B making its interest coverage ratio 5.7. It has cash and short-term investments of $975.0M.
Key information
128.6%
Debt to equity ratio
US$17.73b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$975.00m |
| Equity | US$13.79b |
| Total liabilities | US$29.47b |
| Total assets | US$43.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFS's short term assets ($2.7B) do not cover its short term liabilities ($3.7B).
Long Term Liabilities: NFS's short term assets ($2.7B) do not cover its long term liabilities ($25.8B).
Debt to Equity History and Analysis
Debt Level: NFS's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: NFS's debt to equity ratio has increased from 79.5% to 128.6% over the past 5 years.
Debt Coverage: NFS's debt is well covered by operating cash flow (21.3%).
Interest Coverage: NFS's interest payments on its debt are well covered by EBIT (5.7x coverage).