Novaturas Balance Sheet Health
Financial Health criteria checks 1/6
Novaturas has a total shareholder equity of €12.9M and total debt of €10.1M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are €60.0M and €47.1M respectively.
Key information
78.1%
Debt to equity ratio
€10.10m
Debt
| Interest coverage ratio | n/a |
| Cash | €3.20m |
| Equity | €12.93m |
| Total liabilities | €47.12m |
| Total assets | €60.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTU1L's short term assets (€27.9M) do not cover its short term liabilities (€41.4M).
Long Term Liabilities: NTU1L's short term assets (€27.9M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: NTU1L's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: NTU1L's debt to equity ratio has increased from 40.2% to 78.1% over the past 5 years.
Debt Coverage: NTU1L's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NTU1L's interest payments on its debt are well covered by EBIT.