South Port New Zealand Balance Sheet Health
Financial Health criteria checks 3/6
South Port New Zealand has a total shareholder equity of NZ$57.8M and total debt of NZ$43.5M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are NZ$106.6M and NZ$48.8M respectively. South Port New Zealand's EBIT is NZ$16.4M making its interest coverage ratio 5.8. It has cash and short-term investments of NZ$2.0M.
Key information
75.2%
Debt to equity ratio
NZ$43.50m
Debt
| Interest coverage ratio | 5.8x |
| Cash | NZ$1.99m |
| Equity | NZ$57.83m |
| Total liabilities | NZ$48.81m |
| Total assets | NZ$106.64m |
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'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$12.5M) exceed its short term liabilities (NZ$5.0M).
Long Term Liabilities: SPN's short term assets (NZ$12.5M) do not cover its long term liabilities (NZ$43.8M).
Debt to Equity History and Analysis
Debt Level: SPN's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: SPN's debt to equity ratio has increased from 31.2% to 75.2% over the past 5 years.
Debt Coverage: SPN's debt is well covered by operating cash flow (27.3%).
Interest Coverage: SPN's interest payments on its debt are well covered by EBIT (5.8x coverage).