Namibia Asset Management Balance Sheet Health
Financial Health criteria checks 6/6
Namibia Asset Management has a total shareholder equity of NAD26.1M and total debt of NAD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NAD46.1M and NAD20.0M respectively. Namibia Asset Management's EBIT is NAD15.5M making its interest coverage ratio -8. It has cash and short-term investments of NAD26.9M.
Key information
0%
Debt to equity ratio
N$0
Debt
| Interest coverage ratio | -8x |
| Cash | N$26.87m |
| Equity | N$26.13m |
| Total liabilities | N$19.96m |
| Total assets | N$46.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAM's short term assets (NAD38.4M) exceed its short term liabilities (NAD20.0M).
Long Term Liabilities: NAM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAM is debt free.
Reducing Debt: NAM has no debt compared to 5 years ago when its debt to equity ratio was 19.1%.
Debt Coverage: NAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAM has no debt, therefore coverage of interest payments is not a concern.