NVP Balance Sheet Health
Financial Health criteria checks 2/6
NVP has a total shareholder equity of €14.4M and total debt of €19.0M, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are €58.3M and €43.9M respectively. NVP's EBIT is €3.0M making its interest coverage ratio 2.8. It has cash and short-term investments of €3.5M.
Key information
131.9%
Debt to equity ratio
€19.02m
Debt
Interest coverage ratio | 2.8x |
Cash | €3.46m |
Equity | €14.41m |
Total liabilities | €43.90m |
Total assets | €58.31m |
Recent financial health updates
Does NVP (BIT:NVP) Have A Healthy Balance Sheet?
Oct 03Would NVP (BIT:NVP) Be Better Off With Less Debt?
Apr 14NVP (BIT:NVP) Is Making Moderate Use Of Debt
Dec 29Recent updates
Growth Investors: Industry Analysts Just Upgraded Their NVP S.p.A. (BIT:NVP) Revenue Forecasts By 10%
Apr 17NVP (BIT:NVP) Might Be Having Difficulty Using Its Capital Effectively
Jan 04NVP (BIT:NVP) Will Want To Turn Around Its Return Trends
Feb 03Is Now An Opportune Moment To Examine NVP S.p.A. (BIT:NVP)?
Sep 29Does NVP (BIT:NVP) Have A Healthy Balance Sheet?
Oct 03Would NVP (BIT:NVP) Be Better Off With Less Debt?
Apr 14NVP (BIT:NVP) Is Making Moderate Use Of Debt
Dec 29Financial Position Analysis
Short Term Liabilities: NVP's short term assets (€18.2M) do not cover its short term liabilities (€20.9M).
Long Term Liabilities: NVP's short term assets (€18.2M) do not cover its long term liabilities (€23.0M).
Debt to Equity History and Analysis
Debt Level: NVP's net debt to equity ratio (108%) is considered high.
Reducing Debt: NVP's debt to equity ratio has reduced from 1038.3% to 131.9% over the past 5 years.
Debt Coverage: NVP's debt is well covered by operating cash flow (43.8%).
Interest Coverage: NVP's interest payments on its debt are not well covered by EBIT (2.8x coverage).