Northam Platinum Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Northam Platinum Holdings has a total shareholder equity of ZAR30.4B and total debt of ZAR14.2B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ZAR56.4B and ZAR25.9B respectively. Northam Platinum Holdings's EBIT is ZAR8.7B making its interest coverage ratio 7.2. It has cash and short-term investments of ZAR11.8B.
Key information
46.7%
Debt to equity ratio
R14.23b
Debt
Interest coverage ratio | 7.2x |
Cash | R11.78b |
Equity | R30.45b |
Total liabilities | R25.94b |
Total assets | R56.39b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Northam Platinum Holdings Limited's (JSE:NPH) P/E
Jan 18We Think Some Shareholders May Hesitate To Increase Northam Platinum Holdings Limited's (JSE:NPH) CEO Compensation
Oct 24Northam Platinum Holdings Limited (JSE:NPH) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Aug 31Northam Platinum Holdings Limited's (JSE:NPH) Intrinsic Value Is Potentially 74% Above Its Share Price
Jul 06Northam Platinum Holdings' (JSE:NPH) Earnings Are Of Questionable Quality
Apr 08Analysts Just Slashed Their Northam Platinum Holdings Limited (JSE:NPH) EPS Numbers
Apr 02Is Northam Platinum Holdings Limited (JSE:NPH) Trading At A 34% Discount?
Mar 14An Intrinsic Calculation For Northam Platinum Holdings Limited (JSE:NPH) Suggests It's 47% Undervalued
Dec 13Northam Platinum Holdings Limited's (JSE:NPH) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Oct 10Financial Position Analysis
Short Term Liabilities: NPH's short term assets (ZAR21.5B) exceed its short term liabilities (ZAR8.9B).
Long Term Liabilities: NPH's short term assets (ZAR21.5B) exceed its long term liabilities (ZAR17.1B).
Debt to Equity History and Analysis
Debt Level: NPH's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: NPH's debt to equity ratio has reduced from 188.7% to 46.7% over the past 5 years.
Debt Coverage: NPH's debt is well covered by operating cash flow (53.7%).
Interest Coverage: NPH's interest payments on its debt are well covered by EBIT (7.2x coverage).