Nova Debt Equity Ratio from 2010 to 2025

NVAWW Stock   3.90  0.81  17.20%   
Nova Minerals Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 0.12 in 2025. During the period from 2010 to 2025, Nova Minerals Debt Equity Ratio regression line of quarterly data had mean square error of  0.03 and geometric mean of  0.20. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.122377
Current Value
0.12
Quarterly Volatility
0.1581486
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 839.6 K or Selling General Administrative of 4.5 M, as well as many indicators such as Price To Sales Ratio of 3.41, Dividend Yield of 0.0118 or PTB Ratio of 1.61. Nova financial statements analysis is a perfect complement when working with Nova Minerals Valuation or Volatility modules.
  
Check out the analysis of Nova Minerals Correlation against competitors.

Latest Nova Minerals' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Nova Minerals Limited over the last few years. It is Nova Minerals' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Minerals' overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Very volatile
   Debt Equity Ratio   
       Timeline  

Nova Debt Equity Ratio Regression Statistics

Arithmetic Mean0.25
Geometric Mean0.20
Coefficient Of Variation63.34
Mean Deviation0.12
Median0.25
Standard Deviation0.16
Sample Variance0.03
Range0.5802
R-Value0.05
Mean Square Error0.03
R-Squared0
Significance0.85
Slope0
Total Sum of Squares0.38

Nova Debt Equity Ratio History

2024 0.12
2023 0.14
2022 0.17
2020 0.61
2019 0.48
2018 0.34
2017 0.22

About Nova Minerals Financial Statements

Nova Minerals investors use historical fundamental indicators, such as Nova Minerals' Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Minerals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.12  0.12 

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Additional Tools for Nova Stock Analysis

When running Nova Minerals' price analysis, check to measure Nova Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.