NuVista Energy Balance Sheet Health

Financial Health criteria checks 4/6

NuVista Energy has a total shareholder equity of CA$2.1B and total debt of CA$215.0M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CA$3.1B and CA$996.0M respectively. NuVista Energy's EBIT is CA$456.4M making its interest coverage ratio 13. It has cash and short-term investments of CA$65.6M.

Key information

10.1%

Debt to equity ratio

CA$215.00m

Debt

Interest coverage ratio	13x
Cash	CA$65.60m
Equity	CA$2.14b
Total liabilities	CA$996.05m
Total assets	CA$3.13b

Recent financial health updates

Recent updates

NuVista Energy Ltd. Just Missed EPS By 45%: Here's What Analysts Think Will Happen Next

May 09

We Think NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Looks Fair

May 01

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

Mar 29

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

Jan 14

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

Dec 24

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

Oct 03

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

Apr 09

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

Mar 25

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

May 14

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

Mar 27

Financial Position Analysis

Short Term Liabilities: NVA's short term assets (CA$165.5M) do not cover its short term liabilities (CA$213.3M).

Long Term Liabilities: NVA's short term assets (CA$165.5M) do not cover its long term liabilities (CA$782.8M).

Debt to Equity History and Analysis

Debt Level: NVA's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: NVA's debt to equity ratio has reduced from 39.6% to 10.1% over the past 5 years.

Debt Coverage: NVA's debt is well covered by operating cash flow (304.2%).

Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (13x coverage).

NuVista Energy Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

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

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

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

Recent updates

New minor risk - Profit margin trend

Independent Director recently sold CA$639k worth of stock

CEO & Non-Independent Director exercised options and sold CA$328k worth of stock

NuVista Energy Ltd. Just Missed EPS By 45%: Here's What Analysts Think Will Happen Next

First quarter 2024 earnings: EPS and revenues miss analyst expectations

NuVista Energy Ltd. Provides Production Guidance for the Second Quarter 2024 and Reaffirms Production Guidance for the Full Year of 2024

We Think NuVista Energy Ltd.'s (TSE:NVA) CEO Compensation Looks Fair

Consensus EPS estimates increase by 10%

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

Full year 2023 earnings: EPS and revenues miss analyst expectations

Nuvista Energy Ltd. Appoints of Michael Lawford President & Chief Operating Officer, Effective , February 29, 2024

NuVista Energy Ltd., Annual General Meeting, May 07, 2024

Now 21% undervalued after recent price drop

President exercised options and sold CA$273k worth of stock

Now 22% undervalued after recent price drop

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

NuVista Energy Ltd. Provides Production Guidance for the Full Year 2023 and for the First Quarter of 2024 and Re-Affirms Production Guidance for the Year 2024

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

NuVista Energy Ltd. to Report Q3, 2024 Results on Nov 11, 2024

Vice President of Marketing recently sold CA$1.2m worth of stock

President exercised options to buy CA$2.7m worth of stock.

Chief Operating Officer exercised options and sold CA$337k worth of stock

Third quarter 2023 earnings released

Consensus EPS estimates increase by 11%

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

President exercised options and sold CA$316k worth of stock

President exercised options and sold CA$235k worth of stock

President exercised options and sold CA$274k worth of stock

NuVista Energy Ltd. Provides Production Guidance for the Third Quarter and Revises Production Guidance for the Full Year of 2023

NuVista Energy Ltd. to Report Q3, 2023 Results on Nov 08, 2023

NuVista Energy Ltd. Revises Annual Production Guidance for the Year 2023

Nuvista Energy Ltd. Provides Update on Wildfire Impact in Grande Prairie Operations

An unknown buyer acquired Underutilized gas processing facility of NuVista Energy Ltd. for $26 million.

NuVista Energy Ltd. Elects Mary Ellen Lutey as Director

NuVista Energy Ltd. Temporarily Shuts in and Depressures All Operations Proximal to the Ongoing Fires

President exercised options and sold CA$187k worth of stock

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

President exercised options and sold CA$221k worth of stock

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

Full year 2022 earnings released: EPS: CA$2.78 (vs CA$1.17 in FY 2021)

NuVista Energy Ltd. Provides Production Guidance for the First Quarter and Full Year of Fiscal 2023

Chief Operating Officer recently bought CA$411k worth of stock

VP of Finance recently sold CA$375k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: EPS: CA$0.99 (vs CA$0.65 in 3Q 2021)

Nuvista Energy Ltd. Provides Production Guidance for the Third, Fourth, Full Year 2022 and 2023

Chief Operating Officer exercised options and sold CA$266k worth of stock

Investor sentiment improved over the past week

Vice President of Marketing exercised options and sold CA$189k worth of stock

Independent Director recently sold CA$159k worth of stock

Investor sentiment improved over the past week

VP of Finance recently sold CA$523k worth of stock

Consensus EPS estimates increase by 12%

Second quarter 2022 earnings released: EPS: CA$0.78 (vs CA$0.048 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Chief Operating Officer recently bought CA$148k worth of stock

Consensus revenue estimates increase by 31%

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

First quarter 2022 earnings: EPS and revenues miss analyst expectations

NuVista Energy Ltd. Revises Production Guidance for the Full Year 2022

Insufficient new directors

Price target increased to CA$14.17

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

Consensus EPS estimates increase by 109%

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to CA$11.87

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Independent Director recently sold CA$202k worth of stock