Nicholas Financial Balance Sheet Health
Financial Health criteria checks 6/6
Nicholas Financial has a total shareholder equity of $59.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $60.0M and $938.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.82m |
| Equity | US$59.05m |
| Total liabilities | US$938.00k |
| Total assets | US$59.99m |
Recent financial health updates
Recent updates
Nicholas Financial GAAP EPS of -$0.24, revenue of $11.28M
Jul 29Nicholas Financial extends term with CFO to 2024
Jul 22Shareholders May Be More Conservative With Nicholas Financial, Inc.'s (NASDAQ:NICK) CEO Compensation For Now
Aug 27
With EPS Growth And More, Nicholas Financial (NASDAQ:NICK) Is Interesting
Jun 08Nicholas Financial reports Q4 results
Jun 02Nicholas Financial reports FQ3 results
Feb 03If You Had Bought Nicholas Financial's (NASDAQ:NICK) Shares Five Years Ago You Would Be Down 21%
Jan 11Financial Position Analysis
Short Term Liabilities: NICK's short term assets ($59.3M) exceed its short term liabilities ($816.0K).
Long Term Liabilities: NICK's short term assets ($59.3M) exceed its long term liabilities ($122.0K).
Debt to Equity History and Analysis
Debt Level: NICK is debt free.
Reducing Debt: NICK has no debt compared to 5 years ago when its debt to equity ratio was 109.5%.
Debt Coverage: NICK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NICK has no debt, therefore coverage of interest payments is not a concern.