This company listing is no longer active
Noventiq Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Noventiq Holdings has a total shareholder equity of $427.6M and total debt of $138.4M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are $1.1B and $636.1M respectively. Noventiq Holdings's EBIT is $34.3M making its interest coverage ratio 2.4. It has cash and short-term investments of $334.0M.
Key information
32.4%
Debt to equity ratio
US$138.41m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$334.05m |
| Equity | US$427.59m |
| Total liabilities | US$636.07m |
| Total assets | US$1.06b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NVIQ's short term assets ($765.3M) exceed its short term liabilities ($536.8M).
Long Term Liabilities: NVIQ's short term assets ($765.3M) exceed its long term liabilities ($99.2M).
Debt to Equity History and Analysis
Debt Level: NVIQ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NVIQ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NVIQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NVIQ's interest payments on its debt are not well covered by EBIT (2.4x coverage).