South Port New Zealand Balance Sheet Health
Financial Health criteria checks 3/6
South Port New Zealand has a total shareholder equity of NZ$60.2M and total debt of NZ$35.8M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are NZ$103.4M and NZ$43.1M respectively. South Port New Zealand's EBIT is NZ$16.3M making its interest coverage ratio 5.5. It has cash and short-term investments of NZ$2.7M.
Key information
59.4%
Debt to equity ratio
NZ$35.75m
Debt
| Interest coverage ratio | 5.5x |
| Cash | NZ$2.71m |
| Equity | NZ$60.23m |
| Total liabilities | NZ$43.13m |
| Total assets | NZ$103.36m |
Recent financial health updates
South Port New Zealand (NZSE:SPN) Seems To Use Debt Quite Sensibly
Mar 18
Is South Port New Zealand (NZSE:SPN) A Risky Investment?
Dec 15Recent updates
South Port New Zealand (NZSE:SPN) Is Due To Pay A Dividend Of NZ$0.2294
Oct 14South Port New Zealand (NZSE:SPN) Is Paying Out A Dividend Of NZ$0.2294
Sep 13South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294
Aug 26South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.0882
Feb 19South Port New Zealand's (NZSE:SPN) Dividend Will Be NZ$0.2294
Sep 12South Port New Zealand (NZSE:SPN) Has Announced A Dividend Of NZ$0.2294
Aug 29South Port New Zealand (NZSE:SPN) Is Paying Out A Dividend Of NZ$0.0882
Feb 13South Port New Zealand (NZSE:SPN) Will Pay A Dividend Of NZ$0.2294
Sep 19South Port New Zealand's (NZSE:SPN) Earnings Are Weaker Than They Seem
Sep 01South Port New Zealand (NZSE:SPN) Will Pay A Dividend Of NZ$0.088
Feb 11South Port New Zealand (NZSE:SPN) Will Pay A Larger Dividend Than Last Year At NZ$0.23
Sep 14South Port New Zealand's (NZSE:SPN) Dividend Will Be Increased To NZ$0.23
Aug 31A Look Into South Port New Zealand's (NZSE:SPN) Impressive Returns On Capital
May 24Is South Port New Zealand Limited (NZSE:SPN) A Good Fit For Your Dividend Portfolio?
May 09Is Now The Time To Put South Port New Zealand (NZSE:SPN) On Your Watchlist?
Mar 31South Port New Zealand (NZSE:SPN) Seems To Use Debt Quite Sensibly
Mar 18Here's What South Port New Zealand Limited's (NZSE:SPN) Shareholder Ownership Structure Looks Like
Mar 05Only Four Days Left To Cash In On South Port New Zealand's (NZSE:SPN) Dividend
Feb 20Here's How We Evaluate South Port New Zealand Limited's (NZSE:SPN) Dividend
Feb 08
Did You Participate In Any Of South Port New Zealand's (NZSE:SPN) Fantastic 141% Return ?
Jan 21Do Fundamentals Have Any Role To Play In Driving South Port New Zealand Limited's (NZSE:SPN) Stock Up Recently?
Jan 03Is South Port New Zealand (NZSE:SPN) A Risky Investment?
Dec 15South Port New Zealand (NZSE:SPN) Knows How to Allocate Capital
Nov 30Financial Position Analysis
Short Term Liabilities: SPN's short term assets (NZ$10.9M) exceed its short term liabilities (NZ$6.1M).
Long Term Liabilities: SPN's short term assets (NZ$10.9M) do not cover its long term liabilities (NZ$37.1M).
Debt to Equity History and Analysis
Debt Level: SPN's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: SPN's debt to equity ratio has increased from 17.7% to 59.4% over the past 5 years.
Debt Coverage: SPN's debt is well covered by operating cash flow (35.8%).
Interest Coverage: SPN's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 03:12 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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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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
South Port New Zealand Limited is covered by 1 analysts. 0 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 |
|---|---|
| Geoff Zame | NWM Strategy |