Newag Balance Sheet Health
Financial Health criteria checks 6/6
Newag has a total shareholder equity of PLN805.8M and total debt of PLN112.7M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are PLN1.8B and PLN996.0M respectively. Newag's EBIT is PLN135.3M making its interest coverage ratio 15.3. It has cash and short-term investments of PLN126.8M.
Key information
14.0%
Debt to equity ratio
zł112.66m
Debt
| Interest coverage ratio | 15.3x |
| Cash | zł126.85m |
| Equity | zł805.81m |
| Total liabilities | zł996.01m |
| Total assets | zł1.80b |
Recent financial health updates
These 4 Measures Indicate That Newag (WSE:NWG) Is Using Debt Reasonably Well
Nov 18
Newag (WSE:NWG) Has A Somewhat Strained Balance Sheet
Jan 05Does Newag (WSE:NWG) Have A Healthy Balance Sheet?
Mar 23Recent updates
There Are Reasons To Feel Uneasy About Newag's (WSE:NWG) Returns On Capital
Aug 13There's Reason For Concern Over Newag S.A.'s (WSE:NWG) Massive 38% Price Jump
Jul 14Shareholders Can Be Confident That Newag's (WSE:NWG) Earnings Are High Quality
Apr 27There's Reason For Concern Over Newag S.A.'s (WSE:NWG) Massive 29% Price Jump
Apr 26At zł24.20, Is It Time To Put Newag S.A. (WSE:NWG) On Your Watch List?
Apr 23Slowing Rates Of Return At Newag (WSE:NWG) Leave Little Room For Excitement
Jan 11These 4 Measures Indicate That Newag (WSE:NWG) Is Using Debt Reasonably Well
Nov 18Newag (WSE:NWG) Has A Somewhat Strained Balance Sheet
Jan 05We Like These Underlying Return On Capital Trends At Newag (WSE:NWG)
Jan 25Newag's (WSE:NWG) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03Do Newag's (WSE:NWG) Earnings Warrant Your Attention?
Jun 10Newag S.A.'s (WSE:NWG) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 10Does Newag (WSE:NWG) Have A Healthy Balance Sheet?
Mar 23A Look At The Intrinsic Value Of Newag S.A. (WSE:NWG)
Feb 23With EPS Growth And More, Newag (WSE:NWG) Is Interesting
Feb 08Is There More To The Story Than Newag's (WSE:NWG) Earnings Growth?
Jan 26
Would Newag S.A. (WSE:NWG) Be Valuable To Income Investors?
Jan 14Newag S.A.'s (WSE:NWG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 29Will Newag (WSE:NWG) Repeat Its Return Growth Of The Past?
Dec 17What Kind Of Shareholders Hold The Majority In Newag S.A.'s (WSE:NWG) Shares?
Dec 04Can You Imagine How Newag's (WSE:NWG) Shareholders Feel About The 80% Share Price Increase?
Nov 23Financial Position Analysis
Short Term Liabilities: NWG's short term assets (PLN1.3B) exceed its short term liabilities (PLN861.4M).
Long Term Liabilities: NWG's short term assets (PLN1.3B) exceed its long term liabilities (PLN134.6M).
Debt to Equity History and Analysis
Debt Level: NWG has more cash than its total debt.
Reducing Debt: NWG's debt to equity ratio has reduced from 63.2% to 14% over the past 5 years.
Debt Coverage: NWG's debt is well covered by operating cash flow (220.5%).
Interest Coverage: NWG's interest payments on its debt are well covered by EBIT (15.3x coverage).