Novita Balance Sheet Health
Financial Health criteria checks 6/6
Novita has a total shareholder equity of PLN130.5M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN164.3M and PLN33.8M respectively. Novita's EBIT is PLN26.6M making its interest coverage ratio -45.5. It has cash and short-term investments of PLN8.7M.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | -45.5x |
| Cash | zł8.75m |
| Equity | zł130.52m |
| Total liabilities | zł33.78m |
| Total assets | zł164.30m |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Novita S.A. (WSE:NVT)
Aug 02
Novita's (WSE:NVT) Returns On Capital Are Heading Higher
Apr 22Estimating The Intrinsic Value Of Novita S.A. (WSE:NVT)
Oct 01Investors Shouldn't Overlook Novita's (WSE:NVT) Impressive Returns On Capital
Feb 24If You Like EPS Growth Then Check Out Novita (WSE:NVT) Before It's Too Late
Nov 08We Think Novita (WSE:NVT) Might Have The DNA Of A Multi-Bagger
Jun 01What To Know Before Buying Novita S.A. (WSE:NVT) For Its Dividend
Mar 15Here's Why I Think Novita (WSE:NVT) Is An Interesting Stock
Feb 24Under The Bonnet, Novita's (WSE:NVT) Returns Look Impressive
Feb 06
Did You Participate In Any Of Novita's (WSE:NVT) Fantastic 253% Return ?
Jan 19Novita S.A. (WSE:NVT) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 01Why Novita S.A. (WSE:NVT) Should Be In Your Dividend Portfolio
Dec 14Novita S.A. (WSE:NVT) Looks Interesting, And It's About To Pay A Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: NVT's short term assets (PLN51.0M) exceed its short term liabilities (PLN18.4M).
Long Term Liabilities: NVT's short term assets (PLN51.0M) exceed its long term liabilities (PLN15.4M).
Debt to Equity History and Analysis
Debt Level: NVT is debt free.
Reducing Debt: NVT has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
Debt Coverage: NVT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NVT has no debt, therefore coverage of interest payments is not a concern.