Newlat Food Balance Sheet Health
Financial Health criteria checks 3/6
Newlat Food has a total shareholder equity of €178.3M and total debt of €402.4M, which brings its debt-to-equity ratio to 225.6%. Its total assets and total liabilities are €862.7M and €684.3M respectively. Newlat Food's EBIT is €27.3M making its interest coverage ratio 2.2. It has cash and short-term investments of €366.9M.
Key information
225.6%
Debt to equity ratio
€402.35m
Debt
Interest coverage ratio | 2.2x |
Cash | €366.94m |
Equity | €178.33m |
Total liabilities | €684.33m |
Total assets | €862.66m |
Recent financial health updates
Does Newlat Food (BIT:NWL) Have A Healthy Balance Sheet?
Dec 23Newlat Food (BIT:NWL) Has A Pretty Healthy Balance Sheet
Apr 19Is Newlat Food (BIT:NWL) A Risky Investment?
Jan 04Recent updates
Newlat Food S.p.A. (BIT:NWL) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
May 29Newlat Food's (BIT:NWL) Earnings Are Weaker Than They Seem
Apr 06It's A Story Of Risk Vs Reward With Newlat Food S.p.A. (BIT:NWL)
Feb 20Does Newlat Food (BIT:NWL) Have A Healthy Balance Sheet?
Dec 23Investors Could Be Concerned With Newlat Food's (BIT:NWL) Returns On Capital
Apr 07Estimating The Intrinsic Value Of Newlat Food S.p.A. (BIT:NWL)
Sep 28A Look At The Fair Value Of Newlat Food S.p.A. (BIT:NWL)
Aug 09Investors Met With Slowing Returns on Capital At Newlat Food (BIT:NWL)
May 25Newlat Food (BIT:NWL) Has A Pretty Healthy Balance Sheet
Apr 19Estimating The Fair Value Of Newlat Food S.p.A. (BIT:NWL)
Mar 29Is Newlat Food S.p.A.'s (BIT:NWL) 25% ROE Better Than Average?
Mar 09What We Make Of Newlat Food's (BIT:NWL) Returns On Capital
Feb 15Is There More To The Story Than Newlat Food's (BIT:NWL) Earnings Growth?
Jan 26Is Newlat Food (BIT:NWL) A Risky Investment?
Jan 04Are Investors Undervaluing Newlat Food S.p.A. (BIT:NWL) By 39%?
Dec 16A Closer Look At Newlat Food S.p.A.'s (BIT:NWL) Impressive ROE
Dec 01Financial Position Analysis
Short Term Liabilities: NWL's short term assets (€557.2M) exceed its short term liabilities (€260.5M).
Long Term Liabilities: NWL's short term assets (€557.2M) exceed its long term liabilities (€423.9M).
Debt to Equity History and Analysis
Debt Level: NWL's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: NWL's debt to equity ratio has increased from 75.8% to 225.6% over the past 5 years.
Debt Coverage: NWL's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: NWL's interest payments on its debt are not well covered by EBIT (2.2x coverage).