NVE Balance Sheet Health
Financial Health criteria checks 6/6
NVE has a total shareholder equity of $65.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $66.8M and $1.2M respectively. NVE's EBIT is $18.5M making its interest coverage ratio -9.5. It has cash and short-term investments of $22.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9.5x |
Cash | US$22.20m |
Equity | US$65.57m |
Total liabilities | US$1.21m |
Total assets | US$66.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NVK's short term assets ($33.2M) exceed its short term liabilities ($1.0M).
Long Term Liabilities: NVK's short term assets ($33.2M) exceed its long term liabilities ($175.8K).
Debt to Equity History and Analysis
Debt Level: NVK is debt free.
Reducing Debt: NVK has not had any debt for past 5 years.
Debt Coverage: NVK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NVK has no debt, therefore coverage of interest payments is not a concern.