Nisun International Enterprise Development Group Balance Sheet Health
Financial Health criteria checks 5/6
Nisun International Enterprise Development Group has a total shareholder equity of $208.8M and total debt of $2.8M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $268.8M and $60.0M respectively. Nisun International Enterprise Development Group's EBIT is $24.2M making its interest coverage ratio -13. It has cash and short-term investments of $55.9M.
Key information
1.3%
Debt to equity ratio
US$2.75m
Debt
| Interest coverage ratio | -13x |
| Cash | US$55.91m |
| Equity | US$208.83m |
| Total liabilities | US$60.01m |
| Total assets | US$268.83m |
Recent financial health updates
Recent updates
Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Not Doing Enough For Some Investors As Its Shares Slump 27%
Nov 12
Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Shares Fly 73% But Investors Aren't Buying For Growth
Sep 28Nisun International Enterprise Development Group Co., Ltd's (NASDAQ:NISN) Price Is Right But Growth Is Lacking After Shares Rocket 63%
Aug 09Nisun International Enterprise Development Group (NASDAQ:NISN) Is Looking To Continue Growing Its Returns On Capital
Aug 01Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Held Back By Insufficient Growth Even After Shares Climb 74%
Apr 26Nisun International Enterprise Development Group's (NASDAQ:NISN) Returns Have Hit A Wall
Mar 28Nisun International Enterprise Development Group (NASDAQ:NISN) Has More To Do To Multiply In Value Going Forward
Nov 30Why We Like The Returns At Nisun International Enterprise Development Group (NASDAQ:NISN)
Aug 04Nisun International Enterprise Development Group (NASDAQ:NISN) Knows How To Allocate Capital Effectively
Mar 21At US$0.53, Is It Time To Put Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) On Your Watch List?
Dec 01Here's What Nisun International Enterprise Development Group's (NASDAQ:NISN) Strong Returns On Capital Mean
Oct 02Is Now The Time To Look At Buying Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN)?
Aug 10There Are Reasons To Feel Uneasy About Nisun International Enterprise Development Group's (NASDAQ:NISN) Returns On Capital
Oct 17Here's Why I Think Nisun International Enterprise Development Group (NASDAQ:NISN) Is An Interesting Stock
Sep 01A Look At The Fair Value Of Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN)
Apr 12Nisun International Enterprise Development Group Co., Ltd's (NASDAQ:NISN) Stock Is Going Strong: Have Financials A Role To Play?
Mar 15The Returns At Nisun International Enterprise Development Group (NASDAQ:NISN) Provide Us With Signs Of What's To Come
Feb 17Could The Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) Ownership Structure Tell Us Something Useful?
Jan 25Should You Use Nisun International Enterprise Development Group's (NASDAQ:NISN) Statutory Earnings To Analyse It?
Jan 04Financial Position Analysis
Short Term Liabilities: NISN's short term assets ($247.5M) exceed its short term liabilities ($58.6M).
Long Term Liabilities: NISN's short term assets ($247.5M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: NISN has more cash than its total debt.
Reducing Debt: NISN's debt to equity ratio has reduced from 9.1% to 1.3% over the past 5 years.
Debt Coverage: NISN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NISN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:15 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nisun International Enterprise Development Group Co., Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |