Manawa Energy Balance Sheet Health
Financial Health criteria checks 5/6
Manawa Energy has a total shareholder equity of NZ$1.3B and total debt of NZ$445.7M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are NZ$2.2B and NZ$847.8M respectively. Manawa Energy's EBIT is NZ$122.5M making its interest coverage ratio 4.8. It has cash and short-term investments of NZ$10.3M.
Key information
33.4%
Debt to equity ratio
NZ$445.66m
Debt
| Interest coverage ratio | 4.8x |
| Cash | NZ$10.30m |
| Equity | NZ$1.34b |
| Total liabilities | NZ$847.84m |
| Total assets | NZ$2.18b |
Recent financial health updates
These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively
Jul 03
We 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 29Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet
Jun 26Recent updates
These 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$161.5M) exceed its short term liabilities (NZ$124.6M).
Long Term Liabilities: MNW's short term assets (NZ$161.5M) do not cover its long term liabilities (NZ$723.2M).
Debt to Equity History and Analysis
Debt Level: MNW's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: MNW's debt to equity ratio has reduced from 33.9% to 33.4% over the past 5 years.
Debt Coverage: MNW's debt is well covered by operating cash flow (27.2%).
Interest Coverage: MNW's interest payments on its debt are well covered by EBIT (4.8x coverage).