NSL Balance Sheet Health

Financial Health criteria checks 5/6

NSL has a total shareholder equity of SGD263.9M and total debt of SGD16.5M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are SGD381.1M and SGD117.2M respectively. NSL's EBIT is SGD10.9M making its interest coverage ratio -4. It has cash and short-term investments of SGD120.1M.

Key information

6.2%

Debt to equity ratio

S$16.47m

Debt

Interest coverage ratio-4x
CashS$120.05m
EquityS$263.91m
Total liabilitiesS$117.21m
Total assetsS$381.11m

Recent financial health updates

Recent updates

NSL (SGX:N02) Has Announced That Its Dividend Will Be Reduced To SGD0.02

May 06
NSL (SGX:N02) Has Announced That Its Dividend Will Be Reduced To SGD0.02

NSL Ltd (SGX:N02) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected

Aug 29
NSL Ltd (SGX:N02) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected

These 4 Measures Indicate That NSL (SGX:N02) Is Using Debt Safely

Aug 28
These 4 Measures Indicate That NSL (SGX:N02) Is Using Debt Safely

NSL's (SGX:N02) Dividend Will Be SGD0.05

Apr 30
NSL's (SGX:N02) Dividend Will Be SGD0.05

NSL's (SGX:N02) Strong Earnings Are Of Good Quality

Mar 03
NSL's (SGX:N02) Strong Earnings Are Of Good Quality

NSL's (SGX:N02) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Oct 15
NSL's (SGX:N02) Returns On Capital Tell Us There Is Reason To Feel Uneasy

NSL's (SGX:N02) Stock Price Has Reduced 51% In The Past Five Years

Feb 01
NSL's (SGX:N02) Stock Price Has Reduced 51% In The Past Five Years

Is NSL (SGX:N02) Using Debt In A Risky Way?

Dec 11
Is NSL (SGX:N02) Using Debt In A Risky Way?

Financial Position Analysis

Short Term Liabilities: N02's short term assets (SGD245.7M) exceed its short term liabilities (SGD88.2M).

Long Term Liabilities: N02's short term assets (SGD245.7M) exceed its long term liabilities (SGD29.0M).


Debt to Equity History and Analysis

Debt Level: N02 has more cash than its total debt.

Reducing Debt: N02's debt to equity ratio has increased from 5.7% to 6.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable N02 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: N02 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.5% per year.


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