NowVertical Group Inc.

OTCPK:NOWV.F Stock Report

Market Cap: US$20.8m

NowVertical Group Balance Sheet Health

Financial Health criteria checks 2/6

NowVertical Group has a total shareholder equity of $839.4K and total debt of $14.8M, which brings its debt-to-equity ratio to 1768.9%. Its total assets and total liabilities are $42.2M and $41.4M respectively. NowVertical Group's EBIT is $2.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $3.3M.

Key information

1,768.9%

Debt to equity ratio

US$14.85m

Debt

Interest coverage ratio1.2x
CashUS$3.32m
EquityUS$839.38k
Total liabilitiesUS$41.37m
Total assetsUS$42.21m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NOWV.F's short term assets ($15.7M) do not cover its short term liabilities ($23.1M).

Long Term Liabilities: NOWV.F's short term assets ($15.7M) do not cover its long term liabilities ($18.3M).


Debt to Equity History and Analysis

Debt Level: NOWV.F's net debt to equity ratio (1372.8%) is considered high.

Reducing Debt: Insufficient data to determine if NOWV.F's debt to equity ratio has reduced 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: Whilst unprofitable NOWV.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NOWV.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.8% per year.


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