NZME Balance Sheet Health
Financial Health criteria checks 4/6
NZME has a total shareholder equity of NZ$125.2M and total debt of NZ$37.6M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are NZ$292.2M and NZ$167.0M respectively. NZME's EBIT is NZ$24.7M making its interest coverage ratio 3.5. It has cash and short-term investments of NZ$7.7M.
Key information
30.0%
Debt to equity ratio
NZ$37.61m
Debt
| Interest coverage ratio | 3.5x |
| Cash | NZ$7.65m |
| Equity | NZ$125.24m |
| Total liabilities | NZ$166.97m |
| Total assets | NZ$292.21m |
Recent financial health updates
NZME (NZSE:NZM) Has A Pretty Healthy Balance Sheet
Nov 03
Is NZME (NZSE:NZM) Using Too Much Debt?
Mar 16Recent updates
NZME's (NZSE:NZM) Conservative Accounting Might Explain Soft Earnings
Sep 03NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353
Aug 31Improved Earnings Required Before NZME Limited (NZSE:NZM) Stock's 27% Jump Looks Justified
Jan 01We Like These Underlying Return On Capital Trends At NZME (NZSE:NZM)
Dec 21NZME's (NZSE:NZM) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353
Sep 08NZME (NZSE:NZM) Is Paying Out A Dividend Of NZ$0.0353
Aug 25NZME (NZSE:NZM) Might Have The Makings Of A Multi-Bagger
Mar 25NZME (NZSE:NZM) Is Doing The Right Things To Multiply Its Share Price
Nov 21NZME (NZSE:NZM) Has A Pretty Healthy Balance Sheet
Nov 03Returns Are Gaining Momentum At NZME (NZSE:NZM)
Aug 20Is Now The Time To Look At Buying NZME Limited (NZSE:NZM)?
Jul 02NZME (NZSE:NZM) Is Looking To Continue Growing Its Returns On Capital
May 04Here's Why Shareholders May Want To Be Cautious With Increasing NZME Limited's (NZSE:NZM) CEO Pay Packet
Apr 09Is NZME (NZSE:NZM) Using Too Much Debt?
Mar 16Earnings Update: Here's Why Analysts Just Lifted Their NZME Limited (NZSE:NZM) Price Target To NZ$0.99
Feb 26How Many NZME Limited (NZSE:NZM) Shares Did Insiders Buy, In The Last Year?
Feb 14
How Much Is NZME's (NZSE:NZM) CEO Getting Paid?
Dec 21Here's What NZME Limited's (NZSE:NZM) Shareholder Ownership Structure Looks Like
Nov 30Financial Position Analysis
Short Term Liabilities: NZM's short term assets (NZ$62.4M) do not cover its short term liabilities (NZ$62.4M).
Long Term Liabilities: NZM's short term assets (NZ$62.4M) do not cover its long term liabilities (NZ$104.5M).
Debt to Equity History and Analysis
Debt Level: NZM's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: NZM's debt to equity ratio has reduced from 35.9% to 30% over the past 5 years.
Debt Coverage: NZM's debt is well covered by operating cash flow (119.1%).
Interest Coverage: NZM's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 14:55 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
NZME Limited is covered by 5 analysts. 2 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 |
|---|---|
| Roger Colman | CCZ Equities Pty Limited |
| Lindsay James | Forsyth Barr Group Ltd. |
| Arie Dekker | Jarden Limited |