NuVista Energy Financial Health

Financial Health criteria checks 5/6

NuVista Energy has a total shareholder equity of CA$2.0B and total debt of CA$183.6M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are CA$2.9B and CA$875.6M respectively. NuVista Energy's EBIT is CA$847.3M making its interest coverage ratio 27.2. It has cash and short-term investments of CA$65.6M.

Key information

9.2%

Debt to equity ratio

CA$183.63m

Debt

Interest coverage ratio27.2x
CashCA$65.60m
EquityCA$2.01b
Total liabilitiesCA$875.63m
Total assetsCA$2.88b

Recent financial health updates

Recent updates

NuVista Energy (TSE:NVA) Seems To Use Debt Quite Sensibly

Apr 09
NuVista Energy (TSE:NVA) Seems To Use Debt Quite Sensibly

Does NuVista Energy (TSE:NVA) Deserve A Spot On Your Watchlist?

Mar 25
Does NuVista Energy (TSE:NVA) Deserve A Spot On Your Watchlist?

Need To Know: Analysts Are Much More Bullish On NuVista Energy Ltd. (TSE:NVA)

May 14
Need To Know: Analysts Are Much More Bullish On NuVista Energy Ltd. (TSE:NVA)

Is There An Opportunity With NuVista Energy Ltd.'s (TSE:NVA) 49% Undervaluation?

Mar 27
Is There An Opportunity With NuVista Energy Ltd.'s (TSE:NVA) 49% Undervaluation?

We Think Shareholders May Want To Consider A Review Of NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Package

May 05
We Think Shareholders May Want To Consider A Review Of NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Package

Who Has Been Buying NuVista Energy Ltd. (TSE:NVA) Shares?

Feb 08
Who Has Been Buying NuVista Energy Ltd. (TSE:NVA) Shares?

How Much Is NuVista Energy's (TSE:NVA) CEO Getting Paid?

Dec 16
How Much Is NuVista Energy's (TSE:NVA) CEO Getting Paid?

Financial Position Analysis

Short Term Liabilities: NVA's short term assets (CA$247.2M) exceed its short term liabilities (CA$223.8M).

Long Term Liabilities: NVA's short term assets (CA$247.2M) do not cover its long term liabilities (CA$651.8M).


Debt to Equity History and Analysis

Debt Level: NVA's net debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: NVA's debt to equity ratio has reduced from 24.2% to 9.2% over the past 5 years.

Debt Coverage: NVA's debt is well covered by operating cash flow (488.8%).

Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (27.2x coverage).


Balance Sheet


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