NetSol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
NetSol Technologies has a total shareholder equity of $38.5M and total debt of $5.8M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are $57.5M and $18.9M respectively.
Key information
15.1%
Debt to equity ratio
US$5.81m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.66m |
| Equity | US$38.54m |
| Total liabilities | US$18.93m |
| Total assets | US$57.47m |
Recent financial health updates
NetSol Technologies (NASDAQ:NTWK) Has Debt But No Earnings; Should You Worry?
Nov 08
Is NetSol Technologies (NASDAQ:NTWK) Using Debt Sensibly?
Jul 02We Think NetSol Technologies (NASDAQ:NTWK) Can Manage Its Debt With Ease
May 13NetSol Technologies (NASDAQ:NTWK) Could Easily Take On More Debt
Sep 30NetSol Technologies (NASDAQ:NTWK) Seems To Use Debt Rather Sparingly
May 26Is NetSol Technologies (NASDAQ:NTWK) Using Too Much Debt?
Feb 22Recent updates
NetSol Technologies (NASDAQ:NTWK) Has Debt But No Earnings; Should You Worry?
Nov 08Is NetSol Technologies (NASDAQ:NTWK) Using Debt Sensibly?
Jul 02Calculating The Intrinsic Value Of NetSol Technologies, Inc. (NASDAQ:NTWK)
Apr 27NetSol GAAP EPS of $0.08, revenue of $57.25M
Sep 27We Think NetSol Technologies (NASDAQ:NTWK) Can Manage Its Debt With Ease
May 13NetSol Technologies (NASDAQ:NTWK) May Have Issues Allocating Its Capital
Feb 07NetSol Technologies (NASDAQ:NTWK) Could Easily Take On More Debt
Sep 30Return Trends At NetSol Technologies (NASDAQ:NTWK) Aren't Appealing
Aug 01NETSOL Technologies to join Russell Microcap Index
Jun 10NetSol Technologies (NASDAQ:NTWK) Seems To Use Debt Rather Sparingly
May 26NETSOL Technologies signs five-year renewal with tier-one Japanese automotive customer
Apr 27Will the Promising Trends At NetSol Technologies (NASDAQ:NTWK) Continue?
Mar 16We Think You Can Look Beyond NetSol Technologies' (NASDAQ:NTWK) Lackluster Earnings
Feb 23Is NetSol Technologies (NASDAQ:NTWK) Using Too Much Debt?
Feb 22NetSol Technologies' (NASDAQ:NTWK) Stock Price Has Reduced 39% In The Past Five Years
Feb 04
Has NetSol Technologies, Inc.'s (NASDAQ:NTWK) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 11Will The ROCE Trend At NetSol Technologies (NASDAQ:NTWK) Continue?
Dec 16NetSol reports Q1 results
Nov 16Financial Position Analysis
Short Term Liabilities: NTWK's short term assets ($40.1M) exceed its short term liabilities ($17.8M).
Long Term Liabilities: NTWK's short term assets ($40.1M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: NTWK has more cash than its total debt.
Reducing Debt: NTWK's debt to equity ratio has increased from 10.7% to 15.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NTWK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NTWK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 19.8% each year