Nova Minerals Limited Stock Debt To Equity
| NVAAF Stock | USD 0.11 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 Pink Sheet. 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 pink sheet.
Nova |
Nova Minerals Limited Company Debt To Equity Analysis
Nova Minerals' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Nova Minerals Debt To Equity | 0.02 % |
Most of Nova Minerals' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova Minerals Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Nova Minerals Limited has a Debt To Equity of 0.016%. This is 99.98% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The debt to equity for all United States stocks is 99.97% higher than that of the company.
Nova Debt To Equity 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 Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets 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 debt to equity category among its peers.
Nova Fundamentals
| Return On Equity | 0.44 | |||
| Return On Asset | -0.38 | |||
| Current Valuation | 86.68 M | |||
| Shares Outstanding | 210.05 M | |||
| Shares Owned By Insiders | 22.30 % | |||
| Shares Owned By Institutions | 4.43 % | |||
| Price To Earning | 4.42 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 91.11 M | |||
| EBITDA | (5.09 M) | |||
| Net Income | 34.68 M | |||
| Cash And Equivalents | 21.28 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 862.37 K | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 5.38 X | |||
| Book Value Per Share | 0.54 X | |||
| Cash Flow From Operations | (2.86 M) | |||
| Earnings Per Share | 0.12 X | |||
| Beta | 0.91 | |||
| Market Capitalization | 93.37 M | |||
| Total Asset | 108.33 M | |||
| Z Score | 64.8 | |||
| Net Asset | 108.33 M |
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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Additional Information and Resources on Investing in Nova Pink Sheet
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 Pink Sheet, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Minerals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.