New Zealand King Salmon Investments Balance Sheet Health
Financial Health criteria checks 6/6
New Zealand King Salmon Investments has a total shareholder equity of NZ$193.6M and total debt of NZ$3.1M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are NZ$241.4M and NZ$47.8M respectively. New Zealand King Salmon Investments's EBIT is NZ$26.4M making its interest coverage ratio -30.6. It has cash and short-term investments of NZ$35.3M.
Key information
1.6%
Debt to equity ratio
NZ$3.13m
Debt
| Interest coverage ratio | -30.6x |
| Cash | NZ$35.30m |
| Equity | NZ$193.59m |
| Total liabilities | NZ$47.81m |
| Total assets | NZ$241.40m |
Recent financial health updates
We Think New Zealand King Salmon Investments (NZSE:NZK) Can Stay On Top Of Its Debt
Oct 30
New Zealand King Salmon Investments (NZSE:NZK) Is Making Moderate Use Of Debt
May 03Recent updates
New Zealand King Salmon Investments Limited (NZSE:NZK) Soars 33% But It's A Story Of Risk Vs Reward
Jan 17New Zealand King Salmon Investments (NZSE:NZK) Shareholders Will Want The ROCE Trajectory To Continue
Jan 04We Think New Zealand King Salmon Investments (NZSE:NZK) Can Stay On Top Of Its Debt
Oct 30Are Investors Undervaluing New Zealand King Salmon Investments Limited (NZSE:NZK) By 48%?
Sep 21We Think That There Are Some Issues For New Zealand King Salmon Investments (NZSE:NZK) Beyond Its Promising Earnings
Apr 05Calculating The Fair Value Of New Zealand King Salmon Investments Limited (NZSE:NZK)
Feb 10Calculating The Intrinsic Value Of New Zealand King Salmon Investments Limited (NZSE:NZK)
Aug 04Earnings Update: New Zealand King Salmon Investments Limited (NZSE:NZK) Just Reported And Analysts Are Trimming Their Forecasts
Apr 15New Zealand King Salmon Investments (NZSE:NZK) Is Making Moderate Use Of Debt
May 03New Zealand King Salmon Investments (NZSE:NZK) Share Prices Have Dropped 28% In The Last Three Years
Mar 17Here’s What’s Happening With Returns At New Zealand King Salmon Investments (NZSE:NZK)
Feb 10Will Weakness in New Zealand King Salmon Investments Limited's (NZSE:NZK) Stock Prove Temporary Given Strong Fundamentals?
Jan 12
How Much Of New Zealand King Salmon Investments Limited (NZSE:NZK) Do Insiders Own?
Dec 22What Type Of Returns Would New Zealand King Salmon Investments'(NZSE:NZK) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Nov 30Financial Position Analysis
Short Term Liabilities: NZK's short term assets (NZ$171.0M) exceed its short term liabilities (NZ$29.2M).
Long Term Liabilities: NZK's short term assets (NZ$171.0M) exceed its long term liabilities (NZ$18.6M).
Debt to Equity History and Analysis
Debt Level: NZK has more cash than its total debt.
Reducing Debt: NZK's debt to equity ratio has reduced from 10.9% to 1.6% over the past 5 years.
Debt Coverage: NZK's debt is well covered by operating cash flow (563.7%).
Interest Coverage: NZK earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:35 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/01/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
New Zealand King Salmon Investments Limited is covered by 6 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 |
|---|---|
| Jack Crowley | Credit Suisse |
| Bei Margaret | Forsyth Barr Group Ltd. |
| Christian Bell | Jarden Limited |