Novavest Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Novavest Real Estate has a total shareholder equity of CHF409.2M and total debt of CHF562.6M, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are CHF1.0B and CHF638.8M respectively. Novavest Real Estate's EBIT is CHF20.0M making its interest coverage ratio 3.9. It has cash and short-term investments of CHF6.5M.
Key information
137.5%
Debt to equity ratio
CHF 562.61m
Debt
| Interest coverage ratio | 3.9x |
| Cash | CHF 6.50m |
| Equity | CHF 409.18m |
| Total liabilities | CHF 638.81m |
| Total assets | CHF 1.05b |
Recent financial health updates
Recent updates
Novavest Real Estate (VTX:NREN) Has A Somewhat Strained Balance Sheet
Mar 22
Should You Or Shouldn't You: A Dividend Analysis on Novavest Real Estate AG (VTX:NREN)
Feb 09Here's Why We Think Novavest Real Estate (VTX:NREN) Is Well Worth Watching
Jan 19
Novavest Real Estate (VTX:NREN) Has Compensated Shareholders With A Respectable 50% Return On Their Investment
Dec 31Should You Rely On Novavest Real Estate's (VTX:NREN) Earnings Growth?
Dec 08How Did Novavest Real Estate AG's (VTX:NREN) 6.2% ROE Fare Against The Industry?
Nov 25Financial Position Analysis
Short Term Liabilities: NREN's short term assets (CHF14.9M) do not cover its short term liabilities (CHF215.8M).
Long Term Liabilities: NREN's short term assets (CHF14.9M) do not cover its long term liabilities (CHF423.0M).
Debt to Equity History and Analysis
Debt Level: NREN's net debt to equity ratio (135.9%) is considered high.
Reducing Debt: NREN's debt to equity ratio has reduced from 152.8% to 137.5% over the past 5 years.
Debt Coverage: NREN's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: NREN's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 10:55 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Novavest Real Estate AG is covered by 1 analysts. 1 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 |
|---|---|
| Joel Knup | Zürcher Kantonalbank |