NV5 Global Balance Sheet Health
Financial Health criteria checks 5/6
NV5 Global has a total shareholder equity of $823.0M and total debt of $251.4M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are $1.3B and $470.2M respectively. NV5 Global's EBIT is $55.6M making its interest coverage ratio 3.2. It has cash and short-term investments of $73.3M.
Key information
30.5%
Debt to equity ratio
US$251.40m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$73.26m |
| Equity | US$823.00m |
| Total liabilities | US$470.20m |
| Total assets | US$1.29b |
Recent financial health updates
These 4 Measures Indicate That NV5 Global (NASDAQ:NVEE) Is Using Debt Reasonably Well
Dec 05
These 4 Measures Indicate That NV5 Global (NASDAQ:NVEE) Is Using Debt Reasonably Well
Sep 03Here's Why NV5 Global (NASDAQ:NVEE) Can Manage Its Debt Responsibly
May 24We Think NV5 Global (NASDAQ:NVEE) Can Manage Its Debt With Ease
Dec 29Recent updates
NV5 Global Q3 Earnings: Still A Lot Of Work Ahead To Change My Stance
Oct 10Earnings Troubles May Signal Larger Issues for NV5 Global (NASDAQ:NVEE) Shareholders
Aug 14An Intrinsic Calculation For NV5 Global, Inc. (NASDAQ:NVEE) Suggests It's 50% Undervalued
Jul 27Is There Now An Opportunity In NV5 Global, Inc. (NASDAQ:NVEE)?
Jul 12The NV5 Global, Inc. (NASDAQ:NVEE) Annual Results Are Out And Analysts Have Published New Forecasts
Feb 27NV5 Global: Benefiting Big From Infrastructure Spending
Feb 10Are Investors Undervaluing NV5 Global, Inc. (NASDAQ:NVEE) By 47%?
Jan 23NV5 Global, Inc.'s (NASDAQ:NVEE) Business Is Yet to Catch Up With Its Share Price
Dec 18These 4 Measures Indicate That NV5 Global (NASDAQ:NVEE) Is Using Debt Reasonably Well
Dec 05Is There Now An Opportunity In NV5 Global, Inc. (NASDAQ:NVEE)?
Nov 10These 4 Measures Indicate That NV5 Global (NASDAQ:NVEE) Is Using Debt Reasonably Well
Sep 03What Is NV5 Global, Inc.'s (NASDAQ:NVEE) Share Price Doing?
Aug 09NV5 Global, Inc. (NASDAQ:NVEE) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 23Here's Why NV5 Global (NASDAQ:NVEE) Can Manage Its Debt Responsibly
May 24Is It Time To Consider Buying NV5 Global, Inc. (NASDAQ:NVEE)?
May 07Are Investors Undervaluing NV5 Global, Inc. (NASDAQ:NVEE) By 49%?
Mar 12Is Now The Time To Put NV5 Global (NASDAQ:NVEE) On Your Watchlist?
Feb 22Is There Now An Opportunity In NV5 Global, Inc. (NASDAQ:NVEE)?
Jan 23We Think NV5 Global (NASDAQ:NVEE) Can Manage Its Debt With Ease
Dec 29Here's Why We Think NV5 Global (NASDAQ:NVEE) Might Deserve Your Attention Today
Nov 17NV5 Global secures $8M highway engineering contract in California
Oct 20When Should You Buy NV5 Global, Inc. (NASDAQ:NVEE)?
Oct 14NV5 secures $8M geospatial contract to support Northern California wildfire mitigation
Sep 29Are Investors Undervaluing NV5 Global, Inc. (NASDAQ:NVEE) By 31%?
Sep 29NV5 acquires KMK Technologies, strengthens building technology solutions
Sep 16NV5 secures $8M projects from New York and North Carolina Transportation
Sep 01NV5 Global: Best Construction And Near Cap-Gain Portfolio Wealth Builders
Aug 24NV5 Global (NASDAQ:NVEE) Could Easily Take On More Debt
Aug 24Here's Why We Think NV5 Global (NASDAQ:NVEE) Might Deserve Your Attention Today
Aug 10NV5 Global nabs $8M contract expansion by Southwest Utility
Aug 09NV5 Global nabs $22M in New York City facility infrastructure improvements
Jul 25Financial Position Analysis
Short Term Liabilities: NVEE's short term assets ($399.1M) exceed its short term liabilities ($194.8M).
Long Term Liabilities: NVEE's short term assets ($399.1M) exceed its long term liabilities ($275.4M).
Debt to Equity History and Analysis
Debt Level: NVEE's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: NVEE's debt to equity ratio has increased from 16% to 30.5% over the past 5 years.
Debt Coverage: NVEE's debt is well covered by operating cash flow (29.4%).
Interest Coverage: NVEE's interest payments on its debt are well covered by EBIT (3.2x coverage).