NuVista Energy Balance Sheet Health

Financial Health criteria checks 5/6

NuVista Energy has a total shareholder equity of CA$2.1B and total debt of CA$179.1M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CA$3.1B and CA$943.0M respectively. NuVista Energy's EBIT is CA$503.8M making its interest coverage ratio 13.8. It has cash and short-term investments of CA$65.6M.

Key information

8.5%

Debt to equity ratio

CA$179.09m

Debt

Interest coverage ratio13.8x
CashCA$65.60m
EquityCA$2.12b
Total liabilitiesCA$943.02m
Total assetsCA$3.06b

Recent financial health updates

Recent updates

We Think NuVista Energy (TSE:NVA) Is Taking Some Risk With Its Debt

Mar 29
We Think NuVista Energy (TSE:NVA) Is Taking Some Risk With Its Debt

Time To Worry? Analysts Just Downgraded Their NuVista Energy Ltd. (TSE:NVA) Outlook

Jan 14
Time To Worry? Analysts Just Downgraded Their NuVista Energy Ltd. (TSE:NVA) Outlook

Investors Aren't Buying NuVista Energy Ltd.'s (TSE:NVA) Earnings

Dec 24
Investors Aren't Buying NuVista Energy Ltd.'s (TSE:NVA) Earnings

Here's Why NuVista Energy (TSE:NVA) Can Manage Its Debt Responsibly

Oct 03
Here's Why NuVista Energy (TSE:NVA) Can Manage Its Debt Responsibly

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

Financial Position Analysis

Short Term Liabilities: NVA's short term assets (CA$199.3M) exceed its short term liabilities (CA$192.3M).

Long Term Liabilities: NVA's short term assets (CA$199.3M) do not cover its long term liabilities (CA$750.7M).


Debt to Equity History and Analysis

Debt Level: NVA's net debt to equity ratio (5.4%) is considered satisfactory.

Reducing Debt: NVA's debt to equity ratio has reduced from 33.7% to 8.5% over the past 5 years.

Debt Coverage: NVA's debt is well covered by operating cash flow (402.8%).

Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (13.8x coverage).


Balance Sheet


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