Holding Nov Vek AD Balance Sheet Health
Financial Health criteria checks 2/6
Holding Nov Vek AD has a total shareholder equity of BGN63.8M and total debt of BGN73.0M, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are BGN143.5M and BGN79.7M respectively.
Key information
114.4%
Debt to equity ratio
лв72.97m
Debt
| Interest coverage ratio | n/a |
| Cash | лв33.90m |
| Equity | лв63.82m |
| Total liabilities | лв79.67m |
| Total assets | лв143.49m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HNVK's short term assets (BGN52.7M) exceed its short term liabilities (BGN25.6M).
Long Term Liabilities: HNVK's short term assets (BGN52.7M) do not cover its long term liabilities (BGN54.1M).
Debt to Equity History and Analysis
Debt Level: HNVK's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: HNVK's debt to equity ratio has reduced from 200.1% to 114.4% over the past 5 years.
Debt Coverage: HNVK's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: Insufficient data to determine if HNVK's interest payments on its debt are well covered by EBIT.