Navamedic Balance Sheet Health

Financial Health criteria checks 3/6

Navamedic has a total shareholder equity of NOK222.9M and total debt of NOK146.5M, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are NOK524.3M and NOK301.4M respectively. Navamedic's EBIT is NOK39.6M making its interest coverage ratio 3.1. It has cash and short-term investments of NOK38.0M.

Key information

65.7%

Debt to equity ratio

kr146.55m

Debt

Interest coverage ratio	3.1x
Cash	kr38.04m
Equity	kr222.90m
Total liabilities	kr301.40m
Total assets	kr524.30m

Recent financial health updates

Recent updates

Is Navamedic (OB:NAVA) Using Too Much Debt?

Sep 19

Here's Why Navamedic (OB:NAVA) Can Manage Its Debt Responsibly

Feb 18

Shareholders Can Be Confident That Navamedic's (OB:NAVA) Earnings Are High Quality

Nov 09

Is Navamedic (OB:NAVA) A Risky Investment?

Nov 02

Here's Why Navamedic (OB:NAVA) Has A Meaningful Debt Burden

Feb 22

We Think Navamedic (OB:NAVA) Can Stay On Top Of Its Debt

Sep 04

Is Navamedic (OB:NAVA) Using Too Much Debt?

Apr 12

If You Had Bought Navamedic (OB:NAVA) Stock Three Years Ago, You Could Pocket A 166% Gain Today

Feb 18

Is Navamedic (OB:NAVA) Using Debt Sensibly?

Dec 07

Financial Position Analysis

Short Term Liabilities: NAVA's short term assets (NOK210.1M) exceed its short term liabilities (NOK189.1M).

Long Term Liabilities: NAVA's short term assets (NOK210.1M) exceed its long term liabilities (NOK112.3M).

Debt to Equity History and Analysis

Debt Level: NAVA's net debt to equity ratio (48.7%) is considered high.

Reducing Debt: NAVA's debt to equity ratio has increased from 32.8% to 65.7% over the past 5 years.

Debt Coverage: NAVA's debt is not well covered by operating cash flow (1.5%).

Interest Coverage: NAVA's interest payments on its debt are well covered by EBIT (3.1x coverage).

Navamedic Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Is Navamedic (OB:NAVA) Using Too Much Debt?

Here's Why Navamedic (OB:NAVA) Can Manage Its Debt Responsibly

Is Navamedic (OB:NAVA) A Risky Investment?

Here's Why Navamedic (OB:NAVA) Has A Meaningful Debt Burden

We Think Navamedic (OB:NAVA) Can Stay On Top Of Its Debt

Is Navamedic (OB:NAVA) Using Too Much Debt?

Recent updates

An unknown buyer acquired unknown minority stake in Navamedic ASA (OB:NAVA) from Ingerø Reiten Investment Company As for NOK 95 million.

Consensus EPS estimates increase by 24%

Consensus EPS estimates fall by 28%, revenue upgraded

New minor risk - Earnings quality

Full year 2023 earnings released

Navamedic ASA to Report First Half, 2024 Results on Aug 16, 2024

Third quarter 2023 earnings released

Consensus EPS estimates increase by 10%

Is Navamedic (OB:NAVA) Using Too Much Debt?

Investor sentiment improves as stock rises 15%

Consensus EPS estimates fall by 53%

New minor risk - Financial position

Second quarter 2023 earnings: Revenues exceed analyst expectations

Consensus EPS estimates fall by 15%

Consensus EPS estimates fall by 16%, revenue upgraded

Navamedic ASA Elects Åsa Kornfeld as Members of its Board of Directors

First quarter 2023 earnings released

Price target increased by 8.7% to kr50.00

Here's Why Navamedic (OB:NAVA) Can Manage Its Debt Responsibly

Full year 2022 earnings released

Consensus EPS estimates increase by 20%, revenue downgraded

Navamedic ASA Launches Modifast in Norway

Navamedic ASA to Report Q3, 2023 Results on Nov 01, 2023

Price target increased to kr48.00

No independent directors

Consensus EPS estimates increase by 19%

Shareholders Can Be Confident That Navamedic's (OB:NAVA) Earnings Are High Quality

Third quarter 2022 earnings released

Is Navamedic (OB:NAVA) A Risky Investment?

Consensus forecasts updated

Price target decreased to kr44.00

Navamedic ASA Launches Forlaxgo®

Consensus EPS estimates increase by 50%

Consensus EPS estimates increase by 30%

Chief Financial Officer exercised options to buy kr2.1m worth of stock.

Navamedic ASA (OB:NAVA) acquired Impolin AB for SEK 55 million .

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analyst expectations

Navamedic ASA (OB:NAVA) agreed to acquire Impolin AB.

Price target increased to kr50.00

No independent directors

Here's Why Navamedic (OB:NAVA) Has A Meaningful Debt Burden

Full year 2021 earnings: Revenues exceed analyst expectations

Navamedic ASA launches SmectaGO - an innovative on-the-go product for treatment of diarrhea

Navamedic Asa Provides Revenue Guidance for the Full Year 2021 and 2022

Third quarter 2021 earnings released

We Think Navamedic (OB:NAVA) Can Stay On Top Of Its Debt

Second quarter 2021 earnings released: EPS kr0.20 (vs kr0.037 in 2Q 2020)

Navamedic ASA Announces the Launch of New Products in the Nordics

Navamedic Launches Mycontrol Support in Norway, A Free-Of-Charge Patient Support Program in Collaboration with Observia, Following A Successful Launch in Sweden

First quarter 2021 earnings released

Is Navamedic (OB:NAVA) Using Too Much Debt?

New 90-day high: kr29.00

Full year 2020 earnings released

If You Had Bought Navamedic (OB:NAVA) Stock Three Years Ago, You Could Pocket A 166% Gain Today

New 90-day high: kr22.60

Is Navamedic (OB:NAVA) Using Debt Sensibly?

Navamedic ASA to Report Q2, 2021 Results on Aug 13, 2021

New 90-day low: kr17.45

New 90-day low: kr18.20

Chief Executive Officer exercised options to buy kr2.3m worth of stock.

New 90-day low: kr18.50

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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