Nova Organic Balance Sheet Health
Financial Health criteria checks 4/6
Nova Organic has a total shareholder equity of THB1.2B and total debt of THB50.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are THB1.4B and THB153.6M respectively.
Key information
4.1%
Debt to equity ratio
฿50.00m
Debt
Interest coverage ratio | n/a |
Cash | ฿511.58m |
Equity | ฿1.23b |
Total liabilities | ฿153.60m |
Total assets | ฿1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NV's short term assets (THB673.0M) exceed its short term liabilities (THB92.9M).
Long Term Liabilities: NV's short term assets (THB673.0M) exceed its long term liabilities (THB60.7M).
Debt to Equity History and Analysis
Debt Level: NV has more cash than its total debt.
Reducing Debt: NV's debt to equity ratio has reduced from 63.4% to 4.1% over the past 5 years.
Debt Coverage: NV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NV's interest payments on its debt are well covered by EBIT.