NuVista Energy Balance Sheet Health
Financial Health criteria checks 4/6
NuVista Energy has a total shareholder equity of CA$2.3B and total debt of CA$200.6M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CA$3.3B and CA$1.1B respectively.
Key information
8.8%
Debt to equity ratio
CA$200.61m
Debt
| Interest coverage ratio | 11.8x |
| Cash | n/a |
| Equity | CA$2.28b |
| Total liabilities | CA$1.06b |
| Total assets | CA$3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUVS.F's short term assets (CA$189.9M) do not cover its short term liabilities (CA$217.4M).
Long Term Liabilities: NUVS.F's short term assets (CA$189.9M) do not cover its long term liabilities (CA$841.4M).
Debt to Equity History and Analysis
Debt Level: NUVS.F's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: NUVS.F's debt to equity ratio has reduced from 41.7% to 8.8% over the past 5 years.
Debt Coverage: NUVS.F's debt is well covered by operating cash flow (337.1%).
Interest Coverage: NUVS.F's interest payments on its debt are well covered by EBIT (11.8x coverage).