Nova Wellness Group Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Nova Wellness Group Berhad has a total shareholder equity of MYR111.5M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR120.1M and MYR8.7M respectively. Nova Wellness Group Berhad's EBIT is MYR8.9M making its interest coverage ratio -27.9. It has cash and short-term investments of MYR8.2M.
Key information
0%
Debt to equity ratio
RM 0
Debt
| Interest coverage ratio | -27.9x |
| Cash | RM 8.22m |
| Equity | RM 111.50m |
| Total liabilities | RM 8.65m |
| Total assets | RM 120.15m |
Recent financial health updates
No updates
Recent updates
The Returns On Capital At Nova Wellness Group Berhad (KLSE:NOVA) Don't Inspire Confidence
Sep 03
Not Many Are Piling Into Nova Wellness Group Berhad (KLSE:NOVA) Just Yet
Feb 20Nova Wellness Group Berhad (KLSE:NOVA) Has Affirmed Its Dividend Of MYR0.0125
Nov 07Nova Wellness Group Berhad (KLSE:NOVA) Will Pay A Dividend Of MYR0.0125
Oct 12Nova Wellness Group Berhad (KLSE:NOVA) Is Increasing Its Dividend To MYR0.0205
Feb 23Nova Wellness Group Berhad's (KLSE:NOVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 25At RM0.86, Is It Time To Put Nova Wellness Group Berhad (KLSE:NOVA) On Your Watch List?
Aug 30Should You Be Adding Nova Wellness Group Berhad (KLSE:NOVA) To Your Watchlist Today?
Jul 22Nova Wellness Group Berhad's (KLSE:NOVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 17Are Dividend Investors Making A Mistake With Nova Wellness Group Berhad (KLSE:NOVA)?
Mar 28With EPS Growth And More, Nova Wellness Group Berhad (KLSE:NOVA) Is Interesting
Mar 10Dividend Investors: Don't Be Too Quick To Buy Nova Wellness Group Berhad (KLSE:NOVA) For Its Upcoming Dividend
Feb 20Declining Stock and Decent Financials: Is The Market Wrong About Nova Wellness Group Berhad (KLSE:NOVA)?
Feb 05
Did Nova Wellness Group Berhad's (KLSE:NOVA) Share Price Deserve to Gain 79%?
Jan 19Has Nova Wellness Group Berhad (KLSE:NOVA) Got What It Takes To Become A Multi-Bagger?
Jan 01Key Things To Watch Out For If You Are After Nova Wellness Group Berhad's (KLSE:NOVA) 1.6% Dividend
Dec 14Nova Wellness Group Berhad (KLSE:NOVA) Stock Goes Ex-Dividend In Just Four Days
Nov 26With EPS Growth And More, Nova Wellness Group Berhad (KLSE:NOVA) Is Interesting
Nov 20Financial Position Analysis
Short Term Liabilities: NOVA's short term assets (MYR56.2M) exceed its short term liabilities (MYR4.2M).
Long Term Liabilities: NOVA's short term assets (MYR56.2M) exceed its long term liabilities (MYR4.5M).
Debt to Equity History and Analysis
Debt Level: NOVA is debt free.
Reducing Debt: NOVA has no debt compared to 5 years ago when its debt to equity ratio was 4%.
Debt Coverage: NOVA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NOVA has no debt, therefore coverage of interest payments is not a concern.