Novus Properties Balance Sheet Health
Financial Health criteria checks 3/6
Novus Properties has a total shareholder equity of MUR166.2M and total debt of MUR52.2M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are MUR228.4M and MUR62.1M respectively. Novus Properties's EBIT is MUR12.2M making its interest coverage ratio 2.9. It has cash and short-term investments of MUR6.3M.
Key information
31.4%
Debt to equity ratio
MU₨52.15m
Debt
| Interest coverage ratio | 2.9x |
| Cash | MU₨6.26m |
| Equity | MU₨166.23m |
| Total liabilities | MU₨62.12m |
| Total assets | MU₨228.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOV.I0000's short term assets (MUR12.5M) exceed its short term liabilities (MUR10.0M).
Long Term Liabilities: NOV.I0000's short term assets (MUR12.5M) do not cover its long term liabilities (MUR52.2M).
Debt to Equity History and Analysis
Debt Level: NOV.I0000's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: NOV.I0000's debt to equity ratio has reduced from 42.5% to 31.4% over the past 5 years.
Debt Coverage: NOV.I0000's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: NOV.I0000's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:55 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Novus Properties Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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