Manawa Energy Balance Sheet Health
Financial Health criteria checks 3/6
Manawa Energy has a total shareholder equity of NZ$1.2B and total debt of NZ$478.8M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are NZ$2.1B and NZ$911.1M respectively. Manawa Energy's EBIT is NZ$89.3M making its interest coverage ratio 3.3. It has cash and short-term investments of NZ$5.5M.
Key information
41.3%
Debt to equity ratio
NZ$478.79m
Debt
| Interest coverage ratio | 3.3x |
| Cash | NZ$5.49m |
| Equity | NZ$1.16b |
| Total liabilities | NZ$911.15m |
| Total assets | NZ$2.07b |
Recent financial health updates
Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly
May 21
These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively
Jul 03We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt
Jan 31Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly
Jan 25Is Trustpower (NZSE:TPW) A Risky Investment?
Sep 29Recent updates
Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Sep 13Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's
May 22Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly
May 21These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively
Jul 03Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price
Feb 18We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt
Jan 31Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term
Nov 11Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54
May 22New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)
May 17Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly
Jan 25Is Trustpower (NZSE:TPW) A Risky Investment?
Sep 29Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet
Jun 26Should You Buy Trustpower Limited (NZSE:TPW) For Its Dividend?
May 10Calculating The Intrinsic Value Of Trustpower Limited (NZSE:TPW)
Mar 17Have Insiders Been Buying Trustpower Limited (NZSE:TPW) Shares?
Feb 24Trustpower Limited's (NZSE:TPW) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Feb 09
Trustpower Limited (NZSE:TPW) Investors Should Think About This Before Buying It For Its Dividend
Jan 26Did You Participate In Any Of Trustpower's (NZSE:TPW) Respectable 75% Return?
Jan 12These 4 Measures Indicate That Trustpower (NZSE:TPW) Is Using Debt Reasonably Well
Dec 30Calculating The Fair Value Of Trustpower Limited (NZSE:TPW)
Dec 17Are Trustpower's (NZSE:TPW) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 04Don't Race Out To Buy Trustpower Limited (NZSE:TPW) Just Because It's Going Ex-Dividend
Nov 21Financial Position Analysis
Short Term Liabilities: MNW's short term assets (NZ$158.7M) do not cover its short term liabilities (NZ$172.9M).
Long Term Liabilities: MNW's short term assets (NZ$158.7M) do not cover its long term liabilities (NZ$738.3M).
Debt to Equity History and Analysis
Debt Level: MNW's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: MNW's debt to equity ratio has reduced from 53.5% to 41.3% over the past 5 years.
Debt Coverage: MNW's debt is well covered by operating cash flow (22.8%).
Interest Coverage: MNW's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Manawa Energy Limited is covered by 11 analysts. 4 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 |
|---|---|
| Grant Swanepoel | Credit Suisse |
| Grant Swanepoel | Deutsche Bank |
| Andrew Harvey-Green | Forsyth Barr Group Ltd. |