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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MTZ's short term assets (€132.3M) exceed its short term liabilities (€65.2M).
Long Term Liabilities: 0MTZ's short term assets (€132.3M) exceed its long term liabilities (€24.4M).
Debt to Equity History and Analysis
Debt Level: 0MTZ has more cash than its total debt.
Reducing Debt: 0MTZ's debt to equity ratio has increased from 14% to 18.4% over the past 5 years.
Debt Coverage: 0MTZ's debt is well covered by operating cash flow (52.3%).
Interest Coverage: 0MTZ's interest payments on its debt are well covered by EBIT (6.1x coverage).