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
A 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 03N-able Non-GAAP EPS of $0.09 beats by $0.02, revenue of $91.63M beats by $0.47M
Aug 11Financial 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).