This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Neenah Balance Sheet Health
Financial Health criteria checks 2/6
Key information
150.2%
Debt to equity ratio
US$462.40m
Debt
| Interest coverage ratio | 3x |
| Cash | US$25.20m |
| Equity | US$307.80m |
| Total liabilities | US$798.00m |
| Total assets | US$1.11b |
Recent financial health updates
Recent updates
Neenah: Hitting The Papers
Apr 01Neenah (NYSE:NP) Will Pay A Dividend Of US$0.47
Feb 05
Neenah, Inc. (NYSE:NP) Shares Could Be 28% Below Their Intrinsic Value Estimate
Dec 15Neenah (NYSE:NP) Has Re-Affirmed Its Dividend Of US$0.47
Nov 05Is It Time To Consider Buying Neenah, Inc. (NYSE:NP)?
Nov 03Neenah's (NYSE:NP) Dividend Will Be US$0.47
Aug 06Neenah: Strong Underlying Cash Flows Allow It To Complete A Large Acquisition
Jul 22Neenah declares $0.47 dividend
May 03Did Neenah's (NYSE:NP) Share Price Deserve to Gain 33%?
Mar 15Here's Why We're Wary Of Buying Neenah's (NYSE:NP) For Its Upcoming Dividend
Feb 06
Is Neenah, Inc.'s (NYSE:NP) 3.4% Dividend Worth Your Time?
Jan 19Neenah: A Well-Diversified Business, But Some Revenue Streams Will Continue To Stagnate
Jan 12Read This Before Selling Neenah, Inc. (NYSE:NP) Shares
Dec 15Neenah renews share repurchase plan
Nov 20Financial Position Analysis
Short Term Liabilities: NP's short term assets ($379.1M) exceed its short term liabilities ($188.9M).
Long Term Liabilities: NP's short term assets ($379.1M) do not cover its long term liabilities ($609.1M).
Debt to Equity History and Analysis
Debt Level: NP's net debt to equity ratio (142%) is considered high.
Reducing Debt: NP's debt to equity ratio has increased from 64.9% to 150.2% over the past 5 years.
Debt Coverage: NP's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: NP's interest payments on its debt are well covered by EBIT (3x coverage).