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 RSD372.9B and total debt of RSD12.3B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are RSD503.2B and RSD130.3B respectively. Naftna Industrija Srbije a.d's EBIT is RSD32.5B making its interest coverage ratio -24.6. It has cash and short-term investments of RSD41.9B.
Key information
3.3%
Debt to equity ratio
дин12.30b
Debt
| Interest coverage ratio | -24.6x |
| Cash | дин41.88b |
| Equity | дин372.88b |
| Total liabilities | дин130.31b |
| Total assets | дин503.19b |
Recent financial health updates
We Think Naftna Industrija Srbije a.d (BELEX:NIIS) Can Stay On Top Of Its Debt
Mar 19
Naftna 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
New 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 (RSD163.7B) exceed its short term liabilities (RSD59.1B).
Long Term Liabilities: NIIS's short term assets (RSD163.7B) exceed its long term liabilities (RSD71.3B).
Debt to Equity History and Analysis
Debt Level: NIIS has more cash than its total debt.
Reducing Debt: NIIS's debt to equity ratio has reduced from 37.8% to 3.3% over the past 5 years.
Debt Coverage: NIIS's debt is well covered by operating cash flow (105.7%).
Interest Coverage: NIIS earns more interest than it pays, so coverage of interest payments is not a concern.