NVP Balance Sheet Health
Financial Health criteria checks 2/6
NVP has a total shareholder equity of €14.4M and total debt of €19.9M, which brings its debt-to-equity ratio to 137.9%. Its total assets and total liabilities are €56.6M and €42.2M respectively. NVP's EBIT is €2.6M making its interest coverage ratio 2.1. It has cash and short-term investments of €1.7M.
Key information
137.9%
Debt to equity ratio
€19.88m
Debt
| Interest coverage ratio | 2.1x |
| Cash | €1.74m |
| Equity | €14.42m |
| Total liabilities | €42.21m |
| Total assets | €56.63m |
Recent financial health updates
Does NVP (BIT:NVP) Have A Healthy Balance Sheet?
Oct 03
Would NVP (BIT:NVP) Be Better Off With Less Debt?
Apr 14NVP (BIT:NVP) Is Making Moderate Use Of Debt
Dec 29
Recent 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 (€14.2M) do not cover its short term liabilities (€21.5M).
Long Term Liabilities: NVP's short term assets (€14.2M) do not cover its long term liabilities (€20.7M).
Debt to Equity History and Analysis
Debt Level: NVP's net debt to equity ratio (125.8%) is considered high.
Reducing Debt: NVP's debt to equity ratio has reduced from 1060.9% to 137.9% over the past 5 years.
Debt Coverage: NVP's debt is well covered by operating cash flow (43.3%).
Interest Coverage: NVP's interest payments on its debt are not well covered by EBIT (2.1x coverage).