P.A. Nova Balance Sheet Health
Financial Health criteria checks 3/6
P.A. Nova has a total shareholder equity of PLN486.2M and total debt of PLN300.2M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are PLN907.7M and PLN421.5M respectively. P.A. Nova's EBIT is PLN49.9M making its interest coverage ratio 3.1. It has cash and short-term investments of PLN59.4M.
Key information
61.7%
Debt to equity ratio
zł300.20m
Debt
| Interest coverage ratio | 3.1x |
| Cash | zł59.36m |
| Equity | zł486.25m |
| Total liabilities | zł421.46m |
| Total assets | zł907.71m |
Recent financial health updates
Here's Why P.A. Nova (WSE:NVA) Is Weighed Down By Its Debt Load
Nov 20
P.A. Nova (WSE:NVA) Has A Somewhat Strained Balance Sheet
Nov 21P.A. Nova (WSE:NVA) Has A Somewhat Strained Balance Sheet
Jan 05Does P.A. Nova (WSE:NVA) Have A Healthy Balance Sheet?
Feb 14P.A. Nova (WSE:NVA) Use Of Debt Could Be Considered Risky
Feb 02
Recent updates
Here's Why P.A. Nova (WSE:NVA) Is Weighed Down By Its Debt Load
Nov 20The Market Lifts P.A. Nova S.A. (WSE:NVA) Shares 29% But It Can Do More
Jan 26P.A. Nova (WSE:NVA) Is Looking To Continue Growing Its Returns On Capital
Dec 30P.A. Nova (WSE:NVA) Has A Somewhat Strained Balance Sheet
Nov 21Investors Met With Slowing Returns on Capital At P.A. Nova (WSE:NVA)
Apr 18P.A. Nova (WSE:NVA) Has A Somewhat Strained Balance Sheet
Jan 05Does P.A. Nova (WSE:NVA) Have A Healthy Balance Sheet?
Feb 14P.A. Nova (WSE:NVA) Is Reinvesting At Lower Rates Of Return
Jan 05P.A. Nova (WSE:NVA) Will Be Hoping To Turn Its Returns On Capital Around
Apr 08P.A. Nova (WSE:NVA) Use Of Debt Could Be Considered Risky
Feb 02Returns On Capital At P.A. Nova (WSE:NVA) Paint An Interesting Picture
Jan 07Does P.A. Nova's (WSE:NVA) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 01Financial Position Analysis
Short Term Liabilities: NVA's short term assets (PLN186.4M) exceed its short term liabilities (PLN128.5M).
Long Term Liabilities: NVA's short term assets (PLN186.4M) do not cover its long term liabilities (PLN293.0M).
Debt to Equity History and Analysis
Debt Level: NVA's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: NVA's debt to equity ratio has reduced from 98.9% to 61.7% over the past 5 years.
Debt Coverage: NVA's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (3.1x coverage).