New Zealand King Salmon Investments Balance Sheet Health
Financial Health criteria checks 5/6
New Zealand King Salmon Investments has a total shareholder equity of NZ$167.9M and total debt of NZ$3.5M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are NZ$201.3M and NZ$33.4M respectively.
Key information
2.1%
Debt to equity ratio
NZ$3.50m
Debt
Interest coverage ratio | n/a |
Cash | NZ$19.22m |
Equity | NZ$167.91m |
Total liabilities | NZ$33.38m |
Total assets | NZ$201.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NZKS.F's short term assets (NZ$127.9M) exceed its short term liabilities (NZ$22.5M).
Long Term Liabilities: NZKS.F's short term assets (NZ$127.9M) exceed its long term liabilities (NZ$10.9M).
Debt to Equity History and Analysis
Debt Level: NZKS.F has more cash than its total debt.
Reducing Debt: NZKS.F's debt to equity ratio has reduced from 7% to 2.1% over the past 5 years.
Debt Coverage: NZKS.F's debt is well covered by operating cash flow (299.3%).
Interest Coverage: Insufficient data to determine if NZKS.F's interest payments on its debt are well covered by EBIT.