NetLink NBN Trust Balance Sheet Health
Financial Health criteria checks 4/6
NetLink NBN Trust has a total shareholder equity of SGD2.5B and total debt of SGD808.5M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are SGD3.9B and SGD1.5B respectively. NetLink NBN Trust's EBIT is SGD123.7M making its interest coverage ratio 5.9. It has cash and short-term investments of SGD183.9M.
Key information
32.9%
Debt to equity ratio
S$808.53m
Debt
| Interest coverage ratio | 5.9x |
| Cash | S$183.94m |
| Equity | S$2.46b |
| Total liabilities | S$1.45b |
| Total assets | S$3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETL.F's short term assets (SGD282.7M) exceed its short term liabilities (SGD255.5M).
Long Term Liabilities: NETL.F's short term assets (SGD282.7M) do not cover its long term liabilities (SGD1.2B).
Debt to Equity History and Analysis
Debt Level: NETL.F's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: NETL.F's debt to equity ratio has increased from 21.4% to 32.9% over the past 5 years.
Debt Coverage: NETL.F's debt is well covered by operating cash flow (34.6%).
Interest Coverage: NETL.F's interest payments on its debt are well covered by EBIT (5.9x coverage).