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 ratio | 27.2x |
Cash | CA$65.60m |
Equity | CA$2.01b |
Total liabilities | CA$875.63m |
Total assets | CA$2.88b |
Recent financial health updates
Recent updates
NuVista Energy (TSE:NVA) Seems To Use Debt Quite Sensibly
Apr 09Does NuVista Energy (TSE:NVA) Deserve A Spot On Your Watchlist?
Mar 25Need To Know: Analysts Are Much More Bullish On NuVista Energy Ltd. (TSE:NVA)
May 14Is There An Opportunity With NuVista Energy Ltd.'s (TSE:NVA) 49% Undervaluation?
Mar 27We Think Shareholders May Want To Consider A Review Of NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Package
May 05Who Has Been Buying NuVista Energy Ltd. (TSE:NVA) Shares?
Feb 08How Much Is NuVista Energy's (TSE:NVA) CEO Getting Paid?
Dec 16Financial 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).