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 ZAR256.1M respectively. Nu-World Holdings's EBIT is ZAR43.7M making its interest coverage ratio -2. It has cash and short-term investments of ZAR451.8M.

Key information

0.004%

Debt to equity ratio

R64.00k

Debt

Interest coverage ratio-2x
CashR451.81m
EquityR1.54b
Total liabilitiesR256.11m
Total assetsR1.80b

Recent financial health updates

Recent updates

What Nu-World Holdings Limited's (JSE:NWL) 29% Share Price Gain Is Not Telling You

May 05
What Nu-World Holdings Limited's (JSE:NWL) 29% Share Price Gain Is Not Telling You

Nu-World Holdings' (JSE:NWL) Profits May Not Reveal Underlying Issues

Apr 19
Nu-World Holdings' (JSE:NWL) Profits May Not Reveal Underlying Issues

Nu-World Holdings' (JSE:NWL) Dividend Is Being Reduced To ZAR1.25

Nov 30
Nu-World Holdings' (JSE:NWL) Dividend Is Being Reduced To ZAR1.25

Returns On Capital Signal Tricky Times Ahead For Nu-World Holdings (JSE:NWL)

Apr 19
Returns On Capital Signal Tricky Times Ahead For Nu-World Holdings (JSE:NWL)

Increases to Nu-World Holdings Limited's (JSE:NWL) CEO Compensation Might Cool off for now

Feb 02
Increases to Nu-World Holdings Limited's (JSE:NWL) CEO Compensation Might Cool off for now

Nu-World Holdings (JSE:NWL) Could Be Struggling To Allocate Capital

Jan 18
Nu-World Holdings (JSE:NWL) Could Be Struggling To Allocate Capital

Here's What's Concerning About Nu-World Holdings' (JSE:NWL) Returns On Capital

Oct 19
Here's What's Concerning About Nu-World Holdings' (JSE:NWL) Returns On Capital

Investors Could Be Concerned With Nu-World Holdings' (JSE:NWL) Returns On Capital

May 06
Investors Could Be Concerned With Nu-World Holdings' (JSE:NWL) Returns On Capital

Returns At Nu-World Holdings (JSE:NWL) Appear To Be Weighed Down

Jun 10
Returns At Nu-World Holdings (JSE:NWL) Appear To Be Weighed Down

Is Nu-World Holdings (JSE:NWL) A Risky Investment?

May 06
Is Nu-World Holdings (JSE:NWL) A Risky Investment?

How Does Nu-World Holdings Limited (JSE:NWL) Fare As A Dividend Stock?

Apr 05
How Does Nu-World Holdings Limited (JSE:NWL) Fare As A Dividend Stock?

Why You Might Be Interested In Nu-World Holdings Limited (JSE:NWL) For Its Upcoming Dividend

Feb 27
Why You Might Be Interested In Nu-World Holdings Limited (JSE:NWL) For Its Upcoming Dividend

Are Nu-World Holdings' (JSE:NWL) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 16
Are Nu-World Holdings' (JSE:NWL) Statutory Earnings A Good Guide To Its Underlying Profitability?

Should We Be Excited About The Trends Of Returns At Nu-World Holdings (JSE:NWL)?

Jan 26
Should We Be Excited About The Trends Of Returns At Nu-World Holdings (JSE:NWL)?

Our View On Nu-World Holdings' (JSE:NWL) CEO Pay

Jan 05
Our View On Nu-World Holdings' (JSE:NWL) CEO Pay

Who Has Been Buying Nu-World Holdings Limited (JSE:NWL) Shares?

Dec 17
Who Has Been Buying Nu-World Holdings Limited (JSE:NWL) Shares?

Is Nu-World Holdings Limited (JSE:NWL) A Smart Choice For Dividend Investors?

Nov 30
Is Nu-World Holdings Limited (JSE:NWL) A Smart Choice For Dividend Investors?

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 (ZAR33.4M).


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 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 22:37
End of Day Share Price 2024/12/31 00:00
Earnings2024/08/31
Annual Earnings2024/08/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Analyst Sources

Nu-World Holdings Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Giuseppe JermanInvestec Bank Limited (SA)
null nullMerchantec (Proprietary) Limited