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Nomad Royalty Balance Sheet Health
Financial Health criteria checks 3/6
Key information
16.0%
Debt to equity ratio
US$51.64m
Debt
Interest coverage ratio | 1.4x |
Cash | US$21.52m |
Equity | US$323.24m |
Total liabilities | US$57.74m |
Total assets | US$380.98m |
Financial Position Analysis
Short Term Liabilities: NSR's short term assets ($27.7M) exceed its short term liabilities ($16.0M).
Long Term Liabilities: NSR's short term assets ($27.7M) do not cover its long term liabilities ($41.8M).
Debt to Equity History and Analysis
Debt Level: NSR's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NSR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NSR's debt is well covered by operating cash flow (26.9%).
Interest Coverage: NSR's interest payments on its debt are not well covered by EBIT (1.4x coverage).