News Balance Sheet Health
Financial Health criteria checks 5/6
News has a total shareholder equity of $9.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $16.9B and $7.8B respectively. News's EBIT is $818.0M making its interest coverage ratio 10.9. It has cash and short-term investments of $1.8B.
Key information
31.5%
Debt to equity ratio
US$2.89b
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$1.79b |
| Equity | US$9.17b |
| Total liabilities | US$7.76b |
| Total assets | US$16.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K7V's short term assets ($4.5B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: 0K7V's short term assets ($4.5B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: 0K7V's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: 0K7V's debt to equity ratio has increased from 13.9% to 31.5% over the past 5 years.
Debt Coverage: 0K7V's debt is well covered by operating cash flow (42.1%).
Interest Coverage: 0K7V's interest payments on its debt are well covered by EBIT (10.9x coverage).