Nuvera Communications Balance Sheet Health
Financial Health criteria checks 1/6
Nuvera Communications has a total shareholder equity of $98.5M and total debt of $137.6M, which brings its debt-to-equity ratio to 139.6%. Its total assets and total liabilities are $274.9M and $176.4M respectively. Nuvera Communications's EBIT is $9.6M making its interest coverage ratio 1.3. It has cash and short-term investments of $1.2M.
Key information
139.6%
Debt to equity ratio
US$137.57m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$1.16m |
| Equity | US$98.54m |
| Total liabilities | US$176.41m |
| Total assets | US$274.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUVR's short term assets ($34.5M) exceed its short term liabilities ($14.8M).
Long Term Liabilities: NUVR's short term assets ($34.5M) do not cover its long term liabilities ($161.6M).
Debt to Equity History and Analysis
Debt Level: NUVR's net debt to equity ratio (138.4%) is considered high.
Reducing Debt: NUVR's debt to equity ratio has increased from 74.3% to 139.6% over the past 5 years.
Debt Coverage: NUVR's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: NUVR's interest payments on its debt are not well covered by EBIT (1.3x coverage).