Novina Spólka Akcyjna Balance Sheet Health
Financial Health criteria checks 5/6
Novina Spólka Akcyjna has a total shareholder equity of PLN22.8M and total debt of PLN824.4K, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are PLN24.0M and PLN1.2M respectively. Novina Spólka Akcyjna's EBIT is PLN6.0M making its interest coverage ratio -12.4. It has cash and short-term investments of PLN22.3M.
Key information
3.6%
Debt to equity ratio
zł824.40k
Debt
| Interest coverage ratio | -12.4x |
| Cash | zł22.34m |
| Equity | zł22.79m |
| Total liabilities | zł1.21m |
| Total assets | zł24.00m |
Recent financial health updates
No updates
Recent updates
The Market Lifts Novina Spólka Akcyjna (WSE:NOV) Shares 57% But It Can Do More
May 10
Does Novina Spólka Akcyjna (WSE:NOV) Deserve A Spot On Your Watchlist?
May 10Investors Still Aren't Entirely Convinced By Novina Spólka Akcyjna's (WSE:NOV) Earnings Despite 27% Price Jump
Feb 15A Piece Of The Puzzle Missing From Novina Spólka Akcyjna's (WSE:NOV) 27% Share Price Climb
Feb 15Does Novina Spólka Akcyjna (WSE:NOV) Deserve A Spot On Your Watchlist?
Oct 28With EPS Growth And More, Novina Spólka Akcyjna (WSE:NOV) Makes An Interesting Case
Jul 24Novina Spólka Akcyjna (WSE:NOV) Screens Well But There Might Be A Catch
Jun 01Does Novina Spólka Akcyjna (WSE:NOV) Deserve A Spot On Your Watchlist?
Mar 09Is Now The Time To Put Novina Alternatywna Spólka Inwestycyjna Spólka Akcyjna (WSE:NOV) On Your Watchlist?
May 10Financial Position Analysis
Short Term Liabilities: NOV's short term assets (PLN22.7M) exceed its short term liabilities (PLN1.2M).
Long Term Liabilities: NOV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOV has more cash than its total debt.
Reducing Debt: NOV's debt to equity ratio has increased from 0% to 3.6% over the past 5 years.
Debt Coverage: NOV's debt is well covered by operating cash flow (622.5%).
Interest Coverage: NOV earns more interest than it pays, so coverage of interest payments is not a concern.