NagaCorp Balance Sheet Health
Financial Health criteria checks 4/6
NagaCorp has a total shareholder equity of $2.0B and total debt of $471.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are $2.8B and $726.2M respectively. NagaCorp's EBIT is $196.2M making its interest coverage ratio 10.7. It has cash and short-term investments of $368.9M.
Key information
23.3%
Debt to equity ratio
US$471.02m
Debt
Interest coverage ratio | 10.7x |
Cash | US$368.89m |
Equity | US$2.02b |
Total liabilities | US$726.21m |
Total assets | US$2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3918's short term assets ($409.5M) do not cover its short term liabilities ($653.2M).
Long Term Liabilities: 3918's short term assets ($409.5M) exceed its long term liabilities ($73.0M).
Debt to Equity History and Analysis
Debt Level: 3918's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 3918's debt to equity ratio has increased from 18.9% to 23.3% over the past 5 years.
Debt Coverage: 3918's debt is well covered by operating cash flow (61.4%).
Interest Coverage: 3918's interest payments on its debt are well covered by EBIT (10.7x coverage).