Network Media Group Balance Sheet Health
Financial Health criteria checks 4/6
Network Media Group has a total shareholder equity of CA$8.5M and total debt of CA$1.4M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are CA$18.2M and CA$9.6M respectively.
Key information
16.6%
Debt to equity ratio
CA$1.41m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.04m |
| Equity | CA$8.53m |
| Total liabilities | CA$9.64m |
| Total assets | CA$18.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETW.F's short term assets (CA$4.4M) do not cover its short term liabilities (CA$9.2M).
Long Term Liabilities: NETW.F's short term assets (CA$4.4M) exceed its long term liabilities (CA$473.1K).
Debt to Equity History and Analysis
Debt Level: NETW.F has more cash than its total debt.
Reducing Debt: NETW.F's debt to equity ratio has reduced from 109.3% to 16.6% over the past 5 years.
Debt Coverage: NETW.F's debt is well covered by operating cash flow (307.6%).
Interest Coverage: Insufficient data to determine if NETW.F's interest payments on its debt are well covered by EBIT.