Newton Resources Balance Sheet Health
Financial Health criteria checks 5/6
Newton Resources has a total shareholder equity of $31.7M and total debt of $13.5M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are $74.1M and $42.3M respectively. Newton Resources's EBIT is $1.9M making its interest coverage ratio 6.9. It has cash and short-term investments of $12.9M.
Key information
42.5%
Debt to equity ratio
US$13.49m
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$12.87m |
| Equity | US$31.74m |
| Total liabilities | US$42.33m |
| Total assets | US$74.08m |
Recent financial health updates
Here's Why Newton Resources (HKG:1231) Can Manage Its Debt Responsibly
Dec 10
These 4 Measures Indicate That Newton Resources (HKG:1231) Is Using Debt Reasonably Well
Sep 29Is Newton Resources (HKG:1231) A Risky Investment?
May 03Is Newton Resources (HKG:1231) A Risky Investment?
Apr 23Recent updates
Here's Why Newton Resources (HKG:1231) Can Manage Its Debt Responsibly
Dec 10Newton Resources (HKG:1231) Shareholders Will Want The ROCE Trajectory To Continue
Nov 12Newton Resources Ltd's (HKG:1231) Shares Climb 31% But Its Business Is Yet to Catch Up
Sep 03Newton Resources (HKG:1231) Is Experiencing Growth In Returns On Capital
Aug 09Revenues Not Telling The Story For Newton Resources Ltd (HKG:1231)
Jun 07These 4 Measures Indicate That Newton Resources (HKG:1231) Is Using Debt Reasonably Well
Sep 29There's Been No Shortage Of Growth Recently For Newton Resources' (HKG:1231) Returns On Capital
Sep 04Earnings Working Against Newton Resources Ltd's (HKG:1231) Share Price Following 34% Dive
Jul 04Is Newton Resources (HKG:1231) A Risky Investment?
May 03Is Newton Resources (HKG:1231) A Risky Investment?
Apr 23How Much Of Newton Resources Ltd (HKG:1231) Do Insiders Own?
Mar 19Will Newton Resources' (HKG:1231) Growth In ROCE Persist?
Feb 12
Newton Resources (HKG:1231) Share Prices Have Dropped 28% In The Last Year
Jan 08How Much Of Newton Resources Ltd (HKG:1231) Do Insiders Own?
Dec 04Financial Position Analysis
Short Term Liabilities: 1231's short term assets ($65.8M) exceed its short term liabilities ($42.3M).
Long Term Liabilities: 1231 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1231's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 1231's debt to equity ratio has reduced from 160.5% to 42.5% over the past 5 years.
Debt Coverage: 1231's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1231's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 10:24 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Newton Resources Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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