NetSol Technologies, Inc.

NasdaqCM:NTWK Stock Report

Market Cap: US$30.1m

NetSol Technologies Balance Sheet Health

Financial Health criteria checks 5/6

NetSol Technologies has a total shareholder equity of $39.7M and total debt of $6.4M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $62.8M and $23.1M respectively. NetSol Technologies's EBIT is $2.4M making its interest coverage ratio -2.1. It has cash and short-term investments of $24.5M.

Key information

16.1%

Debt to equity ratio

US$6.39m

Debt

Interest coverage ratio-2.1x
CashUS$24.53m
EquityUS$39.74m
Total liabilitiesUS$23.06m
Total assetsUS$62.80m

Recent financial health updates

Recent updates

NetSol Technologies (NASDAQ:NTWK) Has A Rock Solid Balance Sheet

Nov 05
NetSol Technologies (NASDAQ:NTWK) Has A Rock Solid Balance Sheet

NetSol Technologies (NASDAQ:NTWK) Has Debt But No Earnings; Should You Worry?

Nov 08
NetSol Technologies (NASDAQ:NTWK) Has Debt But No Earnings; Should You Worry?

Is NetSol Technologies (NASDAQ:NTWK) Using Debt Sensibly?

Jul 02
Is NetSol Technologies (NASDAQ:NTWK) Using Debt Sensibly?

Calculating The Intrinsic Value Of NetSol Technologies, Inc. (NASDAQ:NTWK)

Apr 27
Calculating The Intrinsic Value Of NetSol Technologies, Inc. (NASDAQ:NTWK)

NetSol GAAP EPS of $0.08, revenue of $57.25M

Sep 27

We Think NetSol Technologies (NASDAQ:NTWK) Can Manage Its Debt With Ease

May 13
We Think NetSol Technologies (NASDAQ:NTWK) Can Manage Its Debt With Ease

NetSol Technologies (NASDAQ:NTWK) May Have Issues Allocating Its Capital

Feb 07
NetSol Technologies (NASDAQ:NTWK) May Have Issues Allocating Its Capital

NetSol Technologies (NASDAQ:NTWK) Could Easily Take On More Debt

Sep 30
NetSol Technologies (NASDAQ:NTWK) Could Easily Take On More Debt

Return Trends At NetSol Technologies (NASDAQ:NTWK) Aren't Appealing

Aug 01
Return Trends At NetSol Technologies (NASDAQ:NTWK) Aren't Appealing

NETSOL Technologies to join Russell Microcap Index

Jun 10

NetSol Technologies (NASDAQ:NTWK) Seems To Use Debt Rather Sparingly

May 26
NetSol Technologies (NASDAQ:NTWK) Seems To Use Debt Rather Sparingly

NETSOL Technologies signs five-year renewal with tier-one Japanese automotive customer

Apr 27

Will the Promising Trends At NetSol Technologies (NASDAQ:NTWK) Continue?

Mar 16
Will the Promising Trends At NetSol Technologies (NASDAQ:NTWK) Continue?

We Think You Can Look Beyond NetSol Technologies' (NASDAQ:NTWK) Lackluster Earnings

Feb 23
We Think You Can Look Beyond NetSol Technologies' (NASDAQ:NTWK) Lackluster Earnings

Is NetSol Technologies (NASDAQ:NTWK) Using Too Much Debt?

Feb 22
Is NetSol Technologies (NASDAQ:NTWK) Using Too Much Debt?

NetSol Technologies' (NASDAQ:NTWK) Stock Price Has Reduced 39% In The Past Five Years

Feb 04
NetSol Technologies' (NASDAQ:NTWK) Stock Price Has Reduced 39% In The Past Five Years

Has NetSol Technologies, Inc.'s (NASDAQ:NTWK) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Jan 11
Has NetSol Technologies, Inc.'s (NASDAQ:NTWK) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Will The ROCE Trend At NetSol Technologies (NASDAQ:NTWK) Continue?

Dec 16
Will The ROCE Trend At NetSol Technologies (NASDAQ:NTWK) Continue?

NetSol reports Q1 results

Nov 16

Financial Position Analysis

Short Term Liabilities: NTWK's short term assets ($46.5M) exceed its short term liabilities ($22.4M).

Long Term Liabilities: NTWK's short term assets ($46.5M) exceed its long term liabilities ($687.3K).


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 10.3% to 16.1% over the past 5 years.

Debt Coverage: NTWK's debt is well covered by operating cash flow (105.8%).

Interest Coverage: NTWK 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

DataLast Updated (UTC time)
Company Analysis2024/12/27 03:02
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

NetSol Technologies, Inc. is covered by 5 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.

AnalystInstitution
Ashok KumarMaxim Group
Ashok KumarRodman & Renshaw, LLC
Anja Marie SoderstromSidoti & Company, LLC