PAO NOVATEK Balance Sheet Health
Financial Health criteria checks 6/6
PAO NOVATEK has a total shareholder equity of RUB1,911.5B and total debt of RUB180.0B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are RUB2,457.7B and RUB546.2B respectively. PAO NOVATEK's EBIT is RUB278.9B making its interest coverage ratio -37. It has cash and short-term investments of RUB106.1B.
Key information
9.4%
Debt to equity ratio
₽180.04b
Debt
| Interest coverage ratio | -37x |
| Cash | ₽106.10b |
| Equity | ₽1.91t |
| Total liabilities | ₽546.20b |
| Total assets | ₽2.46t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NVTK's short term assets (RUB577.1B) exceed its short term liabilities (RUB388.8B).
Long Term Liabilities: NVTK's short term assets (RUB577.1B) exceed its long term liabilities (RUB157.4B).
Debt to Equity History and Analysis
Debt Level: NVTK's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: NVTK's debt to equity ratio has reduced from 32.9% to 9.4% over the past 5 years.
Debt Coverage: NVTK's debt is well covered by operating cash flow (233%).
Interest Coverage: NVTK earns more interest than it pays, so coverage of interest payments is not a concern.