NuVista Energy Balance Sheet Health
Financial Health criteria checks 4/6
NuVista Energy has a total shareholder equity of CA$2.3B and total debt of CA$200.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CA$3.3B and CA$1.1B respectively.
Key information
8.8%
Debt to equity ratio
CA$200.61m
Debt
| Interest coverage ratio | 11.8x |
| Cash | n/a |
| Equity | CA$2.28b |
| Total liabilities | CA$1.06b |
| Total assets | CA$3.34b |
Recent financial health updates
We Think NuVista Energy (TSE:NVA) Is Taking Some Risk With Its Debt
Mar 29
Here's Why NuVista Energy (TSE:NVA) Can Manage Its Debt Responsibly
Oct 03NuVista Energy (TSE:NVA) Seems To Use Debt Quite Sensibly
Apr 09Recent updates
NuVista Energy Ltd.'s (TSE:NVA) Shares Bounce 26% But Its Business Still Trails The Market
Nov 16Investors Holding Back On NuVista Energy Ltd. (TSE:NVA)
Sep 02NuVista Energy Ltd. (TSE:NVA) Doing What It Can To Lift Shares
May 29NuVista Energy Ltd. Just Missed EPS By 45%: Here's What Analysts Think Will Happen Next
May 09We Think NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Looks Fair
May 01We Think NuVista Energy (TSE:NVA) Is Taking Some Risk With Its Debt
Mar 29Time To Worry? Analysts Just Downgraded Their NuVista Energy Ltd. (TSE:NVA) Outlook
Jan 14Investors Aren't Buying NuVista Energy Ltd.'s (TSE:NVA) Earnings
Dec 24Here's Why NuVista Energy (TSE:NVA) Can Manage Its Debt Responsibly
Oct 03NuVista 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 14Financial Position Analysis
Short Term Liabilities: NVA's short term assets (CA$189.9M) do not cover its short term liabilities (CA$217.4M).
Long Term Liabilities: NVA's short term assets (CA$189.9M) do not cover its long term liabilities (CA$841.4M).
Debt to Equity History and Analysis
Debt Level: NVA's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: NVA's debt to equity ratio has reduced from 41.7% to 8.8% over the past 5 years.
Debt Coverage: NVA's debt is well covered by operating cash flow (337.1%).
Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (11.8x coverage).