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Novra Technologies (TSXV:NVI) Debt-to-Revenue : 0.67 (As of Dec. 2023)


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What is Novra Technologies Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Novra Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.44 Mil. Novra Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4.99 Mil. Novra Technologies's annualized Revenue for the quarter that ended in Dec. 2023 was C$8.15 Mil. Novra Technologies's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.67.


Novra Technologies Debt-to-Revenue Historical Data

The historical data trend for Novra Technologies's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Novra Technologies Debt-to-Revenue Chart

Novra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 1.21 0.74 0.75 0.73

Novra Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 1.30 0.62 1.11 0.67

Competitive Comparison of Novra Technologies's Debt-to-Revenue

For the Communication Equipment subindustry, Novra Technologies's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novra Technologies's Debt-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novra Technologies's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Novra Technologies's Debt-to-Revenue falls into.



Novra Technologies Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Novra Technologies's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.439 + 4.99) / 7.446
=0.73

Novra Technologies's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.439 + 4.99) / 8.152
=0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Novra Technologies Debt-to-Revenue Related Terms

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Novra Technologies (TSXV:NVI) Business Description

Traded in Other Exchanges
Address
210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA and APAC.

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