Novo Integrated Sciences Balance Sheet Health
Financial Health criteria checks 2/6
Novo Integrated Sciences has a total shareholder equity of $14.6M and total debt of $4.1M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are $32.1M and $17.5M respectively.
Key information
28.3%
Debt to equity ratio
US$4.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$844.58k |
| Equity | US$14.61m |
| Total liabilities | US$17.53m |
| Total assets | US$32.14m |
Recent financial health updates
Recent updates
Slammed 49% Novo Integrated Sciences, Inc. (NASDAQ:NVOS) Screens Well Here But There Might Be A Catch
Jul 11
Novo Integrated Sciences, Inc. (NASDAQ:NVOS) Looks Just Right With A 26% Price Jump
Apr 18Novo Integrated Sciences prices 4M unit public offering at $.50/unit
Oct 14Novo Integrated Sciences expects to report over fivefold increase in Q3 revenue
Jul 11Health Check: How Prudently Does Novo Integrated Sciences (NASDAQ:NVOS) Use Debt?
Nov 23Does Novo Integrated Sciences (NASDAQ:NVOS) Have A Healthy Balance Sheet?
Aug 07Does Novo Integrated Sciences (NASDAQ:NVOS) Have A Healthy Balance Sheet?
Mar 02Financial Position Analysis
Short Term Liabilities: NVOS's short term assets ($5.4M) do not cover its short term liabilities ($14.6M).
Long Term Liabilities: NVOS's short term assets ($5.4M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: NVOS's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: NVOS's debt to equity ratio has increased from 8.3% to 28.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NVOS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NVOS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.2% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:19 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Novo Integrated Sciences, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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