NOVA Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
NOVA Group Holdings has a total shareholder equity of HK$125.0M and total debt of HK$43.9M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are HK$183.1M and HK$58.1M respectively.
Key information
35.1%
Debt to equity ratio
HK$43.91m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$3.05m |
| Equity | HK$125.00m |
| Total liabilities | HK$58.12m |
| Total assets | HK$183.12m |
Recent financial health updates
NOVA Group Holdings (HKG:1360) Is Carrying A Fair Bit Of Debt
Oct 02
Does NOVA Group Holdings (HKG:1360) Have A Healthy Balance Sheet?
Sep 28We Think NOVA Group Holdings (HKG:1360) Can Manage Its Debt With Ease
Jun 14NOVA Group Holdings (HKG:1360) Has A Rock Solid Balance Sheet
Mar 01NOVA Group Holdings (HKG:1360) Has A Pretty Healthy Balance Sheet
Sep 29Recent updates
NOVA Group Holdings (HKG:1360) Is Carrying A Fair Bit Of Debt
Oct 02Does NOVA Group Holdings (HKG:1360) Have A Healthy Balance Sheet?
Sep 28We Think NOVA Group Holdings (HKG:1360) Can Manage Its Debt With Ease
Jun 14NOVA Group Holdings (HKG:1360) Has A Rock Solid Balance Sheet
Mar 01NOVA Group Holdings (HKG:1360) Has A Pretty Healthy Balance Sheet
Sep 29Does NOVA Group Holdings (HKG:1360) Have A Healthy Balance Sheet?
May 08We're Not Counting On NOVA Group Holdings (HKG:1360) To Sustain Its Statutory Profitability
Jan 23A Quick Analysis On NOVA Group Holdings' (HKG:1360) CEO Compensation
Dec 01Financial Position Analysis
Short Term Liabilities: 1360's short term assets (HK$182.9M) exceed its short term liabilities (HK$58.1M).
Long Term Liabilities: 1360 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1360's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 1360's debt to equity ratio has increased from 0.7% to 35.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1360 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1360 has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.1% each year.