Novabase S.G.P.S Balance Sheet Health
Financial Health criteria checks 5/6
Novabase S.G.P.S has a total shareholder equity of €82.5M and total debt of €12.8M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are €169.3M and €86.7M respectively. Novabase S.G.P.S's EBIT is €7.4M making its interest coverage ratio -35.4. It has cash and short-term investments of €68.5M.
Key information
15.5%
Debt to equity ratio
€12.83m
Debt
| Interest coverage ratio | -35.4x |
| Cash | €68.49m |
| Equity | €82.54m |
| Total liabilities | €86.74m |
| Total assets | €169.28m |
Recent financial health updates
Recent updates
Solid Earnings Reflect Novabase S.G.P.S' (FRA:NVQ) Strength As A Business
Oct 04
Novabase S.G.P.S (FRA:NVQ) Is Looking To Continue Growing Its Returns On Capital
Jun 30What Novabase S.G.P.S., S.A.'s (FRA:NVQ) 27% Share Price Gain Is Not Telling You
Jun 06Earnings Not Telling The Story For Novabase S.G.P.S., S.A. (FRA:NVQ) After Shares Rise 27%
Mar 01The Return Trends At Novabase S.G.P.S (FRA:NVQ) Look Promising
Oct 19These 4 Measures Indicate That Novabase S.G.P.S (FRA:NVQ) Is Using Debt Safely
Jun 24Return Trends At Novabase S.G.P.S (FRA:NVQ) Aren't Appealing
Feb 18Returns On Capital Are Showing Encouraging Signs At Novabase S.G.P.S (FRA:NVQ)
Jan 27Estimating The Intrinsic Value Of Novabase S.G.P.S., S.A. (FRA:NVQ)
Jun 09Here's What To Make Of Novabase S.G.P.S' (FRA:NVQ) Decelerating Rates Of Return
May 07With EPS Growth And More, Novabase S.G.P.S (FRA:NVQ) Is Interesting
Mar 02Are Novabase S.G.P.S., S.A.'s (FRA:NVQ) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Feb 03
What Kind Of Shareholders Hold The Majority In Novabase S.G.P.S., S.A.'s (FRA:NVQ) Shares?
Jan 12Does Novabase S.G.P.S's (FRA:NVQ) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 22Novabase S.G.P.S (FRA:NVQ) Has Gifted Shareholders With A Fantastic 154% Total Return On Their Investment
Dec 06Financial Position Analysis
Short Term Liabilities: NVQ's short term assets (€125.4M) exceed its short term liabilities (€63.8M).
Long Term Liabilities: NVQ's short term assets (€125.4M) exceed its long term liabilities (€23.0M).
Debt to Equity History and Analysis
Debt Level: NVQ has more cash than its total debt.
Reducing Debt: NVQ's debt to equity ratio has increased from 12.2% to 15.5% over the past 5 years.
Debt Coverage: NVQ's debt is well covered by operating cash flow (94.8%).
Interest Coverage: NVQ earns more interest than it pays, so coverage of interest payments is not a concern.