NetSol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
NetSol Technologies has a total shareholder equity of $39.5M and total debt of $6.4M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $64.2M and $24.7M respectively. NetSol Technologies's EBIT is $3.5M making its interest coverage ratio -4.5. It has cash and short-term investments of $19.1M.
Key information
16.1%
Debt to equity ratio
US$6.37m
Debt
| Interest coverage ratio | -4.5x |
| Cash | US$19.13m |
| Equity | US$39.53m |
| Total liabilities | US$24.65m |
| Total assets | US$64.19m |
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 26Recent 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 ($47.5M) exceed its short term liabilities ($23.9M).
Long Term Liabilities: NTWK's short term assets ($47.5M) exceed its long term liabilities ($784.5K).
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 9.9% to 16.1% over the past 5 years.
Debt Coverage: NTWK's debt is well covered by operating cash flow (45.7%).
Interest Coverage: NTWK earns more interest than it pays, so coverage of interest payments is not a concern.