Nova Minerals Limited Stock Current Liabilities
| NVA Stock | 14.00 0.00 0.00% |
Nova Minerals Limited fundamentals help investors to digest information that contributes to Nova Minerals' financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova Minerals stock.
As of January 24, 2025, Total Current Liabilities is expected to decline to about 195.3 M. In addition to that, Non Current Liabilities Total is expected to decline to about 615.3 M. Nova | Current Liabilities |
Nova Minerals Limited Company Current Liabilities Analysis
Nova Minerals' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Nova Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Nova Minerals is extremely important. It helps to project a fair market value of Nova Stock properly, considering its historical fundamentals such as Current Liabilities. Since Nova Minerals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nova Minerals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nova Minerals' interrelated accounts and indicators.
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Nova Current Liabilities Historical Pattern
Today, most investors in Nova Minerals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nova Minerals' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nova Minerals current liabilities as a starting point in their analysis.
Nova Minerals Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Nova Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Nova Minerals Limited has a Current Liabilities of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Nova Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Minerals' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova Minerals could also be used in its relative valuation, which is a method of valuing Nova Minerals by comparing valuation metrics of similar companies.Nova Minerals is currently under evaluation in current liabilities category among its peers.
Nova Fundamentals
| Revenue | 1.26 B | ||||
| EBITDA | 767.13 M | ||||
| Net Income | 367.68 M | ||||
| Total Debt | 305.05 M | ||||
| Cash Flow From Operations | 721.34 M | ||||
| Total Asset | 3.06 B | ||||
| Retained Earnings | 952.03 M | ||||
| Working Capital | 268.67 K | ||||
| Net Asset | 3.06 B |
About Nova Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Minerals Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Minerals Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nova Minerals Limited is a strong investment it is important to analyze Nova Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nova Minerals' future performance. For an informed investment choice regarding Nova Stock, refer to the following important reports:Check out Nova Minerals Piotroski F Score and Nova Minerals Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Precious Metals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova Minerals. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nova Minerals Limited is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova Minerals' value that differs from its market value or its book value, called intrinsic value, which is Nova Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova Minerals' market value can be influenced by many factors that don't directly affect Nova Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.