Novus Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Novus Holdings has a total shareholder equity of ZAR2.3B and total debt of ZAR510.6M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ZAR3.8B and ZAR1.5B respectively. Novus Holdings's EBIT is ZAR463.1M making its interest coverage ratio -147.1. It has cash and short-term investments of ZAR335.4M.
Key information
22.4%
Debt to equity ratio
R510.65m
Debt
| Interest coverage ratio | -147.1x |
| Cash | R335.44m |
| Equity | R2.28b |
| Total liabilities | R1.54b |
| Total assets | R3.82b |
Recent financial health updates
No updates
Recent updates
We Discuss Why Novus Holdings Limited's (JSE:NVS) CEO Compensation May Be Closely Reviewed
Aug 21
Novus Holdings (JSE:NVS) May Have Issues Allocating Its Capital
May 12Is Novus Holdings (JSE:NVS) Set To Make A Turnaround?
Jan 26
Here's What We Learned About The CEO Pay At Novus Holdings Limited (JSE:NVS)
Dec 01Financial Position Analysis
Short Term Liabilities: NVS's short term assets (ZAR2.6B) exceed its short term liabilities (ZAR1.4B).
Long Term Liabilities: NVS's short term assets (ZAR2.6B) exceed its long term liabilities (ZAR187.2M).
Debt to Equity History and Analysis
Debt Level: NVS's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: NVS's debt to equity ratio has increased from 14.6% to 22.4% over the past 5 years.
Debt Coverage: NVS's debt is well covered by operating cash flow (55%).
Interest Coverage: NVS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Industry and Sector Metrics
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Analyst Sources
Novus Holdings Limited 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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