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 |
Cash | S$120.05m |
Equity | S$263.91m |
Total liabilities | S$117.21m |
Total assets | S$381.11m |
Recent financial health updates
These 4 Measures Indicate That NSL (SGX:N02) Is Using Debt Safely
Aug 28Is NSL (SGX:N02) Using Debt In A Risky Way?
Dec 11Recent 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 (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.