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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MTZ's short term assets (€125.4M) exceed its short term liabilities (€63.8M).
Long Term Liabilities: 0MTZ's short term assets (€125.4M) exceed its long term liabilities (€23.0M).
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 12.2% to 15.5% over the past 5 years.
Debt Coverage: 0MTZ's debt is well covered by operating cash flow (94.8%).
Interest Coverage: 0MTZ earns more interest than it pays, so coverage of interest payments is not a concern.