NSL Balance Sheet Health
Financial Health criteria checks 5/6
NSL has a total shareholder equity of SGD268.0M and total debt of SGD18.9M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are SGD383.7M and SGD115.7M respectively. NSL's EBIT is SGD15.2M making its interest coverage ratio -3.1. It has cash and short-term investments of SGD124.1M.
Key information
7.1%
Debt to equity ratio
S$18.93m
Debt
| Interest coverage ratio | -3.1x |
| Cash | S$124.06m |
| Equity | S$267.98m |
| Total liabilities | S$115.73m |
| Total assets | S$383.71m |
Recent financial health updates
These 4 Measures Indicate That NSL (SGX:N02) Is Using Debt Safely
Aug 28
Is NSL (SGX:N02) Using Debt In A Risky Way?
Dec 11
Recent updates
NSL (SGX:N02) Has Announced That Its Dividend Will Be Reduced To SGD0.02
May 06NSL Ltd (SGX:N02) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Aug 29These 4 Measures Indicate That NSL (SGX:N02) Is Using Debt Safely
Aug 28NSL's (SGX:N02) Dividend Will Be SGD0.05
Apr 30NSL's (SGX:N02) Strong Earnings Are Of Good Quality
Mar 03NSL's (SGX:N02) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 15NSL's (SGX:N02) Stock Price Has Reduced 51% In The Past Five Years
Feb 01Is NSL (SGX:N02) Using Debt In A Risky Way?
Dec 11Financial Position Analysis
Short Term Liabilities: N02's short term assets (SGD242.0M) exceed its short term liabilities (SGD79.4M).
Long Term Liabilities: N02's short term assets (SGD242.0M) exceed its long term liabilities (SGD36.3M).
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 3.9% to 7.1% over the past 5 years.
Debt Coverage: N02's debt is well covered by operating cash flow (203.4%).
Interest Coverage: N02 earns more interest than it pays, so coverage of interest payments is not a concern.