P.A. Nova Balance Sheet Health
Financial Health criteria checks 3/6
P.A. Nova has a total shareholder equity of PLN477.6M and total debt of PLN325.8M, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are PLN919.9M and PLN442.2M respectively. P.A. Nova's EBIT is PLN63.5M making its interest coverage ratio 4.1. It has cash and short-term investments of PLN64.8M.
Key information
68.2%
Debt to equity ratio
zł325.83m
Debt
| Interest coverage ratio | 4.1x |
| Cash | zł64.75m |
| Equity | zł477.63m |
| Total liabilities | zł442.25m |
| Total assets | zł919.88m |
Recent financial health updates
P.A. Nova (WSE:NVA) Has A Somewhat Strained Balance Sheet
Nov 21
P.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
The 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 (PLN209.2M) exceed its short term liabilities (PLN188.5M).
Long Term Liabilities: NVA's short term assets (PLN209.2M) do not cover its long term liabilities (PLN253.7M).
Debt to Equity History and Analysis
Debt Level: NVA's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: NVA's debt to equity ratio has reduced from 110.8% to 68.2% over the past 5 years.
Debt Coverage: NVA's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: NVA's interest payments on its debt are well covered by EBIT (4.1x coverage).