Nova Lithium Corp Stock Debt To Equity
| NVLIF Stock | 0.25 0.01 4.17% |
Nova Lithium Corp fundamentals help investors to digest information that contributes to Nova Lithium's 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 Lithium's 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 Lithium pink sheet.
Nova |
Nova Lithium Corp Company Debt To Equity Analysis
Nova Lithium's 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.
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.
According to the company disclosure, Nova Lithium Corp has a Debt To Equity of 0.0%. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Debt To Equity (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
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 Lithium's 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 Lithium could also be used in its relative valuation, which is a method of valuing Nova Lithium by comparing valuation metrics of similar companies.Nova Lithium is currently under evaluation in debt to equity category among its peers.
About Nova Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Lithium Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Lithium Corp 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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Other Information on Investing in Nova Pink Sheet
Nova Lithium financial ratios help investors to determine whether Nova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Lithium security.