Newmark Group Balance Sheet Health
Financial Health criteria checks 4/6
Newmark Group has a total shareholder equity of $1.6B and total debt of $1.0B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are $4.5B and $2.9B respectively. Newmark Group's EBIT is $131.4M making its interest coverage ratio 6. It has cash and short-term investments of $165.0M.
Key information
65.6%
Debt to equity ratio
US$1.05b
Debt
| Interest coverage ratio | 6x |
| Cash | US$164.99m |
| Equity | US$1.59b |
| Total liabilities | US$2.88b |
| Total assets | US$4.47b |
Recent financial health updates
No updates
Recent updates
An Intrinsic Calculation For Newmark Group, Inc. (NASDAQ:NMRK) Suggests It's 50% Undervalued
Apr 14
Newmark Group: Recovery Is In Progress
Feb 26Newmark Group, Inc.'s (NASDAQ:NMRK) Shares Bounce 27% But Its Business Still Trails The Industry
Dec 18Newmark Group, Inc. (NASDAQ:NMRK) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 12Newmark Group (NASDAQ:NMRK) Has Announced A Dividend Of $0.03
Nov 18Newmark Group (NASDAQ:NMRK) Has Affirmed Its Dividend Of $0.03
Nov 04Is Now An Opportune Moment To Examine Newmark Group, Inc. (NASDAQ:NMRK)?
Sep 22Newmark Group (NASDAQ:NMRK) Has Affirmed Its Dividend Of $0.03
Aug 03Newmark Group, Inc. (NASDAQ:NMRK) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jul 26Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching
Jun 07Newmark Group (NASDAQ:NMRK) Will Pay A Dividend Of $0.03
May 09Why Newmark Group, Inc. (NASDAQ:NMRK) Could Be Worth Watching
Jan 30What Is Newmark Group, Inc.'s (NASDAQ:NMRK) Share Price Doing?
Oct 13Newmark Group completes more than $300M portfolio sale
Oct 03Newmark: Undervalued But Far From A Clean Story
Sep 12Newmark Group goes ex-dividend tomorrow
Aug 11Newmark Group Q2 2022 Earnings Preview
Jul 28Do Newmark Group's (NASDAQ:NMRK) Earnings Warrant Your Attention?
Jul 18Is It Time To Consider Buying Newmark Group, Inc. (NASDAQ:NMRK)?
Jun 27O'Keefe Stevens Advisory - Newmark Group: The Lutnick Award
Apr 22Financial Position Analysis
Short Term Liabilities: NMRK's short term assets ($1.5B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: NMRK's short term assets ($1.5B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: NMRK's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: NMRK's debt to equity ratio has reduced from 139.5% to 65.6% over the past 5 years.
Debt Coverage: NMRK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NMRK's interest payments on its debt are well covered by EBIT (6x coverage).