asf,
"The Group?s debt and capital includes ordinary share capital and financial liabilities which are supported by financial assets. The Group is required under certain borrowing covenants to maintain shareholders? funds of at least $130,000,000 and not to exceed a project gearing ratio (defined for this purpose as total liabilities to total assets) of 55%."
From 2011 financial Statements;
Note 22: Just below that statement you quoted shows that as at 30/6/11:
Total Equity $632,898,948 (ie. shareholders funds)
Project gearing ratio 35%
Regards
SP
rc, page-35
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $83.26M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $50.38K | 184.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6191 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 12524 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |