NZX Balance Sheet Health
Financial Health criteria checks 5/6
NZX has a total shareholder equity of NZ$117.4M and total debt of NZ$61.3M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are NZ$276.5M and NZ$159.1M respectively. NZX's EBIT is NZ$23.2M making its interest coverage ratio 6.7. It has cash and short-term investments of NZ$24.7M.
Key information
52.2%
Debt to equity ratio
NZ$61.26m
Debt
Interest coverage ratio | 6.7x |
Cash | NZ$24.67m |
Equity | NZ$117.37m |
Total liabilities | NZ$159.10m |
Total assets | NZ$276.47m |
Recent financial health updates
No updates
Recent updates
Should Shareholders Reconsider NZX Limited's (NZSE:NZX) CEO Compensation Package?
Apr 11NZX (NZSE:NZX) Has Affirmed Its Dividend Of NZ$0.0365
Mar 11NZX's (NZSE:NZX) Dividend Will Be NZ$0.0365
Feb 26NZX (NZSE:NZX) Has Announced A Dividend Of NZ$0.03
Aug 28NZX (NZSE:NZX) Will Pay A Dividend Of NZ$0.0353
Aug 22NZX's (NZSE:NZX) Dividend Will Be NZ$0.035
Aug 31Is Now The Time To Put NZX (NZSE:NZX) On Your Watchlist?
May 04Investors In NZX Limited (NZSE:NZX) Should Consider This, First
Mar 27Don't Buy NZX Limited (NZSE:NZX) For Its Next Dividend Without Doing These Checks
Mar 06NZX (NZSE:NZX) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment
Mar 01What Percentage Of NZX Limited (NZSE:NZX) Shares Do Insiders Own?
Feb 11Who Has Been Buying NZX Limited (NZSE:NZX) Shares?
Jan 24If You Like EPS Growth Then Check Out NZX (NZSE:NZX) Before It's Too Late
Jan 06Are Dividend Investors Making A Mistake With NZX Limited (NZSE:NZX)?
Dec 19Shareholders Of NZX (NZSE:NZX) Must Be Happy With Their 151% Total Return
Nov 30Financial Position Analysis
Short Term Liabilities: NZX's short term assets (NZ$82.2M) exceed its short term liabilities (NZ$63.4M).
Long Term Liabilities: NZX's short term assets (NZ$82.2M) do not cover its long term liabilities (NZ$95.7M).
Debt to Equity History and Analysis
Debt Level: NZX's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: NZX's debt to equity ratio has reduced from 63.2% to 52.2% over the past 5 years.
Debt Coverage: NZX's debt is well covered by operating cash flow (56.2%).
Interest Coverage: NZX's interest payments on its debt are well covered by EBIT (6.7x coverage).