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 €87.1M and total debt of €16.1M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are €176.7M and €89.6M respectively. Novabase S.G.P.S's EBIT is €7.5M making its interest coverage ratio 6.1. It has cash and short-term investments of €80.3M.
Key information
18.4%
Debt to equity ratio
€16.06m
Debt
Interest coverage ratio | 6.1x |
Cash | €80.31m |
Equity | €87.10m |
Total liabilities | €89.57m |
Total assets | €176.67m |
Recent financial health updates
Recent updates
Earnings 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 03What 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 (€132.3M) exceed its short term liabilities (€65.2M).
Long Term Liabilities: NVQ's short term assets (€132.3M) exceed its long term liabilities (€24.4M).
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 14% to 18.4% over the past 5 years.
Debt Coverage: NVQ's debt is well covered by operating cash flow (52.3%).
Interest Coverage: NVQ's interest payments on its debt are well covered by EBIT (6.1x coverage).