Nu-World Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nu-World Holdings has a total shareholder equity of ZAR1.6B and total debt of ZAR850.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ZAR1.7B and ZAR177.5M respectively.
Key information
0.05%
Debt to equity ratio
R850.00k
Debt
| Interest coverage ratio | n/a |
| Cash | R455.11m |
| Equity | R1.56b |
| Total liabilities | R177.46m |
| Total assets | R1.74b |
Recent financial health updates
Recent updates
Nu-World Holdings' (JSE:NWL) Profits May Not Reveal Underlying Issues
Apr 19
Nu-World Holdings' (JSE:NWL) Dividend Is Being Reduced To ZAR1.25
Nov 30Returns On Capital Signal Tricky Times Ahead For Nu-World Holdings (JSE:NWL)
Apr 19Increases to Nu-World Holdings Limited's (JSE:NWL) CEO Compensation Might Cool off for now
Feb 02Nu-World Holdings (JSE:NWL) Could Be Struggling To Allocate Capital
Jan 18Here's What's Concerning About Nu-World Holdings' (JSE:NWL) Returns On Capital
Oct 19Investors Could Be Concerned With Nu-World Holdings' (JSE:NWL) Returns On Capital
May 06Returns At Nu-World Holdings (JSE:NWL) Appear To Be Weighed Down
Jun 10Is Nu-World Holdings (JSE:NWL) A Risky Investment?
May 06How Does Nu-World Holdings Limited (JSE:NWL) Fare As A Dividend Stock?
Apr 05Why You Might Be Interested In Nu-World Holdings Limited (JSE:NWL) For Its Upcoming Dividend
Feb 27Are Nu-World Holdings' (JSE:NWL) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 16Should We Be Excited About The Trends Of Returns At Nu-World Holdings (JSE:NWL)?
Jan 26Our View On Nu-World Holdings' (JSE:NWL) CEO Pay
Jan 05Who Has Been Buying Nu-World Holdings Limited (JSE:NWL) Shares?
Dec 17Is Nu-World Holdings Limited (JSE:NWL) A Smart Choice For Dividend Investors?
Nov 30
Financial Position Analysis
Short Term Liabilities: NWL's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR156.2M).
Long Term Liabilities: NWL's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR21.2M).
Debt to Equity History and Analysis
Debt Level: NWL has more cash than its total debt.
Reducing Debt: NWL's debt to equity ratio has reduced from 7% to 0.05% over the past 5 years.
Debt Coverage: NWL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NWL's interest payments on its debt are well covered by EBIT.