NowVertical Group Balance Sheet Health
Financial Health criteria checks 2/6
NowVertical Group has a total shareholder equity of $3.6M and total debt of $13.3M, which brings its debt-to-equity ratio to 368.5%. Its total assets and total liabilities are $42.1M and $38.5M respectively. NowVertical Group's EBIT is $6.5M making its interest coverage ratio 3.1. It has cash and short-term investments of $4.0M.
Key information
368.49%
Debt to equity ratio
US$13.33m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$3.97m |
| Equity | US$3.62m |
| Total liabilities | US$38.48m |
| Total assets | US$42.10m |
Recent financial health updates
Is NowVertical Group (CVE:NOW) A Risky Investment?
Apr 09
NowVertical Group (CVE:NOW) Seems To Be Using A Lot Of Debt
Aug 17Recent updates
Is NowVertical Group (CVE:NOW) A Risky Investment?
Apr 09NowVertical Group Inc. (CVE:NOW) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Mar 28NowVertical Group Inc.'s (CVE:NOW) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Jan 05Improved Revenues Required Before NowVertical Group Inc. (CVE:NOW) Stock's 111% Jump Looks Justified
Nov 17NowVertical Group Inc. (CVE:NOW) Held Back By Insufficient Growth Even After Shares Climb 111%
Nov 17NowVertical Group (CVE:NOW) Seems To Be Using A Lot Of Debt
Aug 17NowVertical Group Inc. (CVE:NOW) Might Not Be As Mispriced As It Looks After Plunging 27%
Mar 01Financial Position Analysis
Short Term Liabilities: NOW's short term assets ($19.1M) do not cover its short term liabilities ($26.3M).
Long Term Liabilities: NOW's short term assets ($19.1M) exceed its long term liabilities ($12.1M).
Debt to Equity History and Analysis
Debt Level: NOW's net debt to equity ratio (258.9%) is considered high.
Reducing Debt: Insufficient data to determine if NOW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NOW's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: NOW's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/09 14:07 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NowVertical Group Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Venkata Velagapudi | Research Capital Corporation |
| Suthan Sukumar | Stifel Canada |
| Robert Goff | Ventum Financial Corp |