Newlat Food Balance Sheet Health
Financial Health criteria checks 2/6
Newlat Food has a total shareholder equity of €407.4M and total debt of €1.1B, which brings its debt-to-equity ratio to 277.6%. Its total assets and total liabilities are €2.4B and €2.0B respectively. Newlat Food's EBIT is €32.6M making its interest coverage ratio 1.4. It has cash and short-term investments of €336.1M.
Key information
277.6%
Debt to equity ratio
€1.13b
Debt
| Interest coverage ratio | 1.4x |
| Cash | €336.07m |
| Equity | €407.43m |
| Total liabilities | €1.96b |
| Total assets | €2.36b |
Recent financial health updates
We Think Newlat Food (BIT:NWL) Can Stay On Top Of Its Debt
Jun 26
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 04
Recent updates
Newlat Food's (BIT:NWL) Earnings Are Weaker Than They Seem
Nov 19Earnings Report: Newlat Food S.p.A. Missed Revenue Estimates By 7.0%
Sep 13Newlat Food S.p.A. (BIT:NWL) Looks Just Right With A 31% Price Jump
Jul 13We Think Newlat Food (BIT:NWL) Can Stay On Top Of Its Debt
Jun 26Newlat 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 (€1.5B) exceed its short term liabilities (€988.7M).
Long Term Liabilities: NWL's short term assets (€1.5B) exceed its long term liabilities (€966.8M).
Debt to Equity History and Analysis
Debt Level: NWL's net debt to equity ratio (195.1%) is considered high.
Reducing Debt: NWL's debt to equity ratio has increased from 207.6% to 277.6% over the past 5 years.
Debt Coverage: NWL's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: NWL's interest payments on its debt are not well covered by EBIT (1.4x coverage).