NewMed Energy - Limited Partnership Balance Sheet Health
Financial Health criteria checks 4/6
NewMed Energy - Limited Partnership has a total shareholder equity of $1.7B and total debt of $1.7B, which brings its debt-to-equity ratio to 97.7%. Its total assets and total liabilities are $4.0B and $2.3B respectively. NewMed Energy - Limited Partnership's EBIT is $709.6M making its interest coverage ratio 13. It has cash and short-term investments of $433.1M.
Key information
97.7%
Debt to equity ratio
US$1.69b
Debt
| Interest coverage ratio | 13x |
| Cash | US$433.10m |
| Equity | US$1.73b |
| Total liabilities | US$2.32b |
| Total assets | US$4.05b |
Recent financial health updates
We Think NewMed Energy - Limited Partnership (TLV:NWMD) Can Stay On Top Of Its Debt
Dec 31
These 4 Measures Indicate That NewMed Energy - Limited Partnership (TLV:NWMD) Is Using Debt Reasonably Well
Sep 16Is NewMed Energy - Limited Partnership (TLV:NWMD) Using Too Much Debt?
Aug 24NewMed Energy - Limited Partnership (TLV:NWMD) Has A Pretty Healthy Balance Sheet
May 05Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jan 16NewMed Energy - Limited Partnership (TLV:NWMD) Seems To Use Debt Quite Sensibly
Sep 21Recent updates
We Think NewMed Energy - Limited Partnership (TLV:NWMD) Can Stay On Top Of Its Debt
Dec 31Estimating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Oct 28These 4 Measures Indicate That NewMed Energy - Limited Partnership (TLV:NWMD) Is Using Debt Reasonably Well
Sep 16We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NewMed Energy - Limited Partnership's (TLV:NWMD) CEO For Now
Jul 31A Look At The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 29Investors Aren't Entirely Convinced By NewMed Energy - Limited Partnership's (TLV:NWMD) Earnings
Jul 11Is NewMed Energy - Limited Partnership (TLV:NWMD) Using Too Much Debt?
Aug 24Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 27NewMed Energy - Limited Partnership (TLV:NWMD) Has A Pretty Healthy Balance Sheet
May 05Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jan 16A Look At The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Nov 02NewMed Energy - Limited Partnership (TLV:NWMD) Seems To Use Debt Quite Sensibly
Sep 21Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 29Is NewMed Energy - Limited Partnership (TLV:NWMD) A Risky Investment?
Jun 17Calculating The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Mar 24Here's Why Delek Drilling - Limited Partnership (TLV:DEDR.L) Has A Meaningful Debt Burden
Jan 08Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Dec 20Delek Drilling - Limited Partnership (TLV:DEDR.L) Takes On Some Risk With Its Use Of Debt
Sep 23Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Aug 22Is Delek Drilling - Limited Partnership (TLV:DEDR.L) Using Too Much Debt?
Jun 09A Look At The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
May 23These 4 Measures Indicate That Delek Drilling - Limited Partnership (TLV:DEDR.L) Is Using Debt Extensively
Mar 11Calculating The Intrinsic Value Of Delek Drilling - Limited Partnership (TLV:DEDR.L)
Feb 21What Kind Of Shareholders Hold The Majority In Delek Drilling - Limited Partnership's (TLV:DEDR.L) Shares?
Feb 02Is Delek Drilling - Limited Partnership's (TLV:DEDR.L) ROE Of 30% Impressive?
Jan 16How Much is Delek Drilling - Limited Partnership's (TLV:DEDR.L) CEO Getting Paid?
Dec 28These 4 Measures Indicate That Delek Drilling - Limited Partnership (TLV:DEDR.L) Is Using Debt Extensively
Dec 10
Reflecting on Delek Drilling - Limited Partnership's (TLV:DEDR.L) Share Price Returns Over The Last Five Years
Nov 25Financial Position Analysis
Short Term Liabilities: NWMD's short term assets ($782.8M) exceed its short term liabilities ($746.6M).
Long Term Liabilities: NWMD's short term assets ($782.8M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: NWMD's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: NWMD's debt to equity ratio has reduced from 392.2% to 97.7% over the past 5 years.
Debt Coverage: NWMD's debt is well covered by operating cash flow (35.1%).
Interest Coverage: NWMD's interest payments on its debt are well covered by EBIT (13x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 18:19 |
| End of Day Share Price | 2025/01/16 00:00 |
| Earnings | 2024/09/30 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NewMed Energy - Limited Partnership is covered by 8 analysts. 1 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 |
|---|---|
| Danny Kaplan | Barclays |
| Tavy Rosner | Barclays |
| Michael Klahr | Citigroup Inc |