Nova Minerals Limited Stock Total Debt
| NVA Stock | 9.21 0.87 8.63% |
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.
The current year's Total Debt To Capitalization is expected to grow to 0.25. Nova | Total Debt |
Nova Minerals Limited Company Total Debt Analysis
Nova Minerals' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Nova Minerals Total Debt | 305.05 M |
Most of Nova Minerals' fundamental indicators, such as Total Debt, 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.
Nova Total Debt 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 Total Debt. 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 Total Debt 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 total debt 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 total debt as a starting point in their analysis.
Nova Minerals Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Nova Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Nova Minerals Limited has a Total Debt of 305.05 M. This is 85.23% lower than that of the Basic Materials sector and 63.04% lower than that of the Gold industry. The total debt for all United States stocks is 94.26% higher than that of the company.
Nova Total Debt 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 Total Debt 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 total debt category among its peers.
Nova Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.076 | ||||
| Current Valuation | 58 M | ||||
| Shares Outstanding | 4.58 M | ||||
| Shares Owned By Institutions | 3.19 % | ||||
| Number Of Shares Shorted | 23.5 K | ||||
| Price To Book | 0.93 X | ||||
| Revenue | 1.26 B | ||||
| EBITDA | 767.13 M | ||||
| Net Income | 367.68 M | ||||
| Total Debt | 305.05 M | ||||
| Book Value Per Share | 0.42 X | ||||
| Cash Flow From Operations | 721.34 M | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | (3.02) X | ||||
| Target Price | 25.0 | ||||
| Beta | 0.5 | ||||
| Market Capitalization | 55.53 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.