N-able Balance Sheet Health
Financial Health criteria checks 4/6
N-able has a total shareholder equity of $765.0M and total debt of $333.6M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are $1.2B and $458.5M respectively. N-able's EBIT is $90.6M making its interest coverage ratio 3. It has cash and short-term investments of $174.4M.
Key information
43.6%
Debt to equity ratio
US$333.58m
Debt
Interest coverage ratio | 3x |
Cash | US$174.45m |
Equity | US$764.95m |
Total liabilities | US$458.51m |
Total assets | US$1.22b |
Recent financial health updates
Does N-able (NYSE:NABL) Have A Healthy Balance Sheet?
Oct 07Does N-able (NYSE:NABL) Have A Healthy Balance Sheet?
May 30We Think N-able (NYSE:NABL) Can Stay On Top Of Its Debt
Feb 17Recent updates
There's Reason For Concern Over N-able, Inc.'s (NYSE:NABL) Price
Dec 18N-Able: Poor Near-Term Growth Outlook Continues To Weigh On The Stock
Nov 21A Look At The Fair Value Of N-able, Inc. (NYSE:NABL)
Nov 13There's Been No Shortage Of Growth Recently For N-able's (NYSE:NABL) Returns On Capital
Oct 26Does N-able (NYSE:NABL) Have A Healthy Balance Sheet?
Oct 07Why Investors Shouldn't Be Surprised By N-able, Inc.'s (NYSE:NABL) P/E
Sep 06N-able: Waiting For Near-Term Headwinds To Be Over
Aug 14Is N-able, Inc. (NYSE:NABL) Worth US$14.8 Based On Its Intrinsic Value?
Jun 22Does N-able (NYSE:NABL) Have A Healthy Balance Sheet?
May 30N-able (NYSE:NABL) Shareholders Will Want The ROCE Trajectory To Continue
May 07Some Confidence Is Lacking In N-able, Inc.'s (NYSE:NABL) P/S
Mar 27N-able: Stock Likely To Remain Rangebound
Mar 06We Think N-able (NYSE:NABL) Can Stay On Top Of Its Debt
Feb 17N-able's (NYSE:NABL) Returns On Capital Are Heading Higher
Dec 23Are N-able, Inc. (NYSE:NABL) Investors Paying Above The Intrinsic Value?
Dec 02N-able: Robust Partnerships, Rising Demand, Strengthened Finances (Rating Upgrade)
Nov 24Here's Why We Think N-able (NYSE:NABL) Is Well Worth Watching
Oct 01N-able: Hold Rating Due To Valuation Considerations Despite Strong Performance
Sep 19N-able (NYSE:NABL) Might Have The Makings Of A Multi-Bagger
Sep 13Calculating The Fair Value Of N-able, Inc. (NYSE:NABL)
Aug 19N-able: Downgrading To Hold As Valuation Becomes Too Pricey
Jun 21Returns Are Gaining Momentum At N-able (NYSE:NABL)
Jun 08If EPS Growth Is Important To You, N-able (NYSE:NABL) Presents An Opportunity
May 18Calculating The Fair Value Of N-able, Inc. (NYSE:NABL)
Apr 29N-able beats Q4 top and bottom line estimates; initiates Q1 and FY23 outlook
Feb 23N-able (NYSE:NABL) Is Doing The Right Things To Multiply Its Share Price
Feb 01Estimating The Intrinsic Value Of N-able, Inc. (NYSE:NABL)
Dec 09N-able: SolarWinds Spinoff To Focus Efforts On MSP Market
Dec 08N-able (NYSE:NABL) Is Experiencing Growth In Returns On Capital
Sep 03Financial Position Analysis
Short Term Liabilities: NABL's short term assets ($282.3M) exceed its short term liabilities ($93.8M).
Long Term Liabilities: NABL's short term assets ($282.3M) do not cover its long term liabilities ($364.7M).
Debt to Equity History and Analysis
Debt Level: NABL's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: NABL's debt to equity ratio has reduced from 74.7% to 43.6% over the past 5 years.
Debt Coverage: NABL's debt is well covered by operating cash flow (25.4%).
Interest Coverage: NABL's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 02:10 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
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 |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
N-able, Inc. is covered by 9 analysts. 6 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 |
Edward Magi | Berenberg |
Keith Bachman | BMO Capital Markets Equity Research |