Nuvera Communications Balance Sheet Health
Financial Health criteria checks 1/6
Nuvera Communications has a total shareholder equity of $98.0M and total debt of $122.9M, which brings its debt-to-equity ratio to 125.4%. Its total assets and total liabilities are $263.9M and $165.9M respectively. Nuvera Communications's EBIT is $9.2M making its interest coverage ratio 1.9. It has cash and short-term investments of $1.3M.
Key information
125.4%
Debt to equity ratio
US$122.89m
Debt
Interest coverage ratio | 1.9x |
Cash | US$1.26m |
Equity | US$98.01m |
Total liabilities | US$165.89m |
Total assets | US$263.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUVR's short term assets ($41.4M) exceed its short term liabilities ($18.6M).
Long Term Liabilities: NUVR's short term assets ($41.4M) do not cover its long term liabilities ($147.3M).
Debt to Equity History and Analysis
Debt Level: NUVR's net debt to equity ratio (124.1%) is considered high.
Reducing Debt: NUVR's debt to equity ratio has increased from 83.1% to 125.4% over the past 5 years.
Debt Coverage: NUVR's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: NUVR's interest payments on its debt are not well covered by EBIT (1.9x coverage).