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 | 2025/06/12 22:24 |
| End of Day Share Price | 2025/06/12 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 |