Nu-World Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Nu-World Holdings has a total shareholder equity of ZAR1.5B and total debt of ZAR64.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR1.8B and ZAR230.5M respectively. Nu-World Holdings's EBIT is ZAR93.5M making its interest coverage ratio 16.9. It has cash and short-term investments of ZAR451.8M.
Key information
0.004%
Debt to equity ratio
R64.00k
Debt
| Interest coverage ratio | 16.9x |
| Cash | R451.81m |
| Equity | R1.54b |
| Total liabilities | R230.53m |
| Total assets | R1.77b |
Recent financial health updates
Recent updates
What Nu-World Holdings Limited's (JSE:NWL) 29% Share Price Gain Is Not Telling You
May 05
Nu-World Holdings' (JSE:NWL) Profits May Not Reveal Underlying Issues
Apr 19Nu-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 (ZAR222.7M).
Long Term Liabilities: NWL's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR7.8M).
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 15.6% to 0% over the past 5 years.
Debt Coverage: NWL's debt is well covered by operating cash flow (22682.8%).
Interest Coverage: NWL's interest payments on its debt are well covered by EBIT (16.9x coverage).