Novacyt Balance Sheet Health
Financial Health criteria checks 6/6
Novacyt has a total shareholder equity of £107.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £132.1M and £24.8M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£81.74m |
| Equity | UK£107.31m |
| Total liabilities | UK£24.84m |
| Total assets | UK£132.15m |
Recent financial health updates
Is Novacyt (EPA:ALNOV) In A Good Position To Deliver On Growth Plans?
Nov 28
We're Keeping An Eye On Novacyt's (EPA:ALNOV) Cash Burn Rate
Jul 04Recent updates
Is Novacyt (EPA:ALNOV) In A Good Position To Deliver On Growth Plans?
Nov 28We're Keeping An Eye On Novacyt's (EPA:ALNOV) Cash Burn Rate
Jul 04Estimating The Fair Value Of Novacyt S.A. (EPA:ALNOV)
Jan 24With EPS Growth And More, Novacyt (EPA:ALNOV) Is Interesting
Mar 18With EPS Growth And More, Novacyt (EPA:ALNOV) Is Interesting
Nov 25Little Excitement Around Novacyt S.A.'s (EPA:ALNOV) Earnings As Shares Take 25% Pounding
Sep 29Novacyt's (EPA:ALNOV) Wonderful 999% Share Price Increase Shows How Capitalism Can Build Wealth
Mar 08Is Novacyt S.A.'s(EPA:ALNOV) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 22
Calculating The Intrinsic Value Of Novacyt S.A. (EPA:ALNOV)
Dec 15We're Not Counting On Novacyt (EPA:ALNOV) To Sustain Its Statutory Profitability
Nov 19Financial Position Analysis
Short Term Liabilities: ALNOV's short term assets (£119.9M) exceed its short term liabilities (£23.6M).
Long Term Liabilities: ALNOV's short term assets (£119.9M) exceed its long term liabilities (£1.3M).
Debt to Equity History and Analysis
Debt Level: ALNOV is debt free.
Reducing Debt: ALNOV has no debt compared to 5 years ago when its debt to equity ratio was 27.4%.
Debt Coverage: ALNOV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALNOV has no debt, therefore coverage of interest payments is not a concern.