Naftna Industrija Srbije a.d Balance Sheet Health
Financial Health criteria checks 6/6
Naftna Industrija Srbije a.d has a total shareholder equity of RSD368.7B and total debt of RSD68.9B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are RSD521.7B and RSD153.0B respectively. Naftna Industrija Srbije a.d's EBIT is RSD19.0B making its interest coverage ratio 14.6. It has cash and short-term investments of RSD40.6B.
Key information
18.7%
Debt to equity ratio
дин68.85b
Debt
| Interest coverage ratio | 14.6x |
| Cash | дин40.56b |
| Equity | дин368.69b |
| Total liabilities | дин153.03b |
| Total assets | дин521.72b |
Recent financial health updates
Is Naftna Industrija Srbije a.d (BELEX:NIIS) Using Too Much Debt?
Dec 17
We Think Naftna Industrija Srbije a.d (BELEX:NIIS) Can Stay On Top Of Its Debt
Mar 19Naftna Industrija Srbije a.d (BELEX:NIIS) Seems To Use Debt Quite Sensibly
Oct 04Is Naftna Industrija Srbije a.d (BELEX:NIIS) A Risky Investment?
Apr 12Naftna Industrija Srbije a.d (BELEX:NIIS) Has A Pretty Healthy Balance Sheet
Nov 08Does Naftna Industrija Srbije a.d (BELEX:NIIS) Have A Healthy Balance Sheet?
Dec 03
Recent updates
Is Naftna Industrija Srbije a.d (BELEX:NIIS) Using Too Much Debt?
Dec 17One Naftna Industrija Srbije a.d. (BELEX:NIIS) Analyst Is Reducing Their Forecasts For This Year
Sep 06Weak Statutory Earnings May Not Tell The Whole Story For Naftna Industrija Srbije a.d (BELEX:NIIS)
Aug 09New Forecasts: Here's What Analysts Think The Future Holds For Naftna Industrija Srbije a.d. (BELEX:NIIS)
Mar 29We Think Naftna Industrija Srbije a.d (BELEX:NIIS) Can Stay On Top Of Its Debt
Mar 19We Think That There Are More Issues For Naftna Industrija Srbije a.d (BELEX:NIIS) Than Just Sluggish Earnings
Feb 08Naftna Industrija Srbije a.d (BELEX:NIIS) Seems To Use Debt Quite Sensibly
Oct 04Is Naftna Industrija Srbije a.d (BELEX:NIIS) A Risky Investment?
Apr 12Naftna Industrija Srbije a.d (BELEX:NIIS) Has A Pretty Healthy Balance Sheet
Nov 08Returns On Capital At Naftna Industrija Srbije a.d (BELEX:NIIS) Have Stalled
Apr 13Naftna Industrija Srbije a.d.'s (BELEX:NIIS) Intrinsic Value Is Potentially 19% Below Its Share Price
Mar 17Here's How Much Naftna Industrija Srbije a.d (BELEX:NIIS) Has Returned To Its Shareholders Over The Past Five Years
Feb 17Something To Consider Before Buying Naftna Industrija Srbije a.d. (BELEX:NIIS) For The 6.3% Dividend
Jan 15Does Naftna Industrija Srbije a.d (BELEX:NIIS) Have A Healthy Balance Sheet?
Dec 03Financial Position Analysis
Short Term Liabilities: NIIS's short term assets (RSD168.5B) exceed its short term liabilities (RSD74.2B).
Long Term Liabilities: NIIS's short term assets (RSD168.5B) exceed its long term liabilities (RSD78.8B).
Debt to Equity History and Analysis
Debt Level: NIIS's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: NIIS's debt to equity ratio has reduced from 36% to 18.7% over the past 5 years.
Debt Coverage: NIIS's debt is well covered by operating cash flow (67.3%).
Interest Coverage: NIIS's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 16:05 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Industry and Sector Metrics
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Analyst Sources
Naftna Industrija Srbije a.d. is covered by 2 analysts. 1 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 |
|---|---|
| Tamas Pletser | Erste Group Bank AG |
| Alexandros Boulougouris | Wood & Company |