New Work Balance Sheet Health
Financial Health criteria checks 5/6
New Work has a total shareholder equity of €128.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €319.0M and €190.7M respectively. New Work's EBIT is €27.5M making its interest coverage ratio -18.2. It has cash and short-term investments of €92.5M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -18.2x |
Cash | €92.52m |
Equity | €128.27m |
Total liabilities | €190.73m |
Total assets | €319.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OR4's short term assets (€138.4M) do not cover its short term liabilities (€167.4M).
Long Term Liabilities: 0OR4's short term assets (€138.4M) exceed its long term liabilities (€23.3M).
Debt to Equity History and Analysis
Debt Level: 0OR4 is debt free.
Reducing Debt: 0OR4 has not had any debt for past 5 years.
Debt Coverage: 0OR4 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0OR4 has no debt, therefore coverage of interest payments is not a concern.