Balance Sheet Breakdown: Novo Integrated Sciences Inc (NVOS)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.20 in the prior trading day, Novo Integrated Sciences Inc (NASDAQ: NVOS) closed at $0.19, down -5.14%. In other words, the price has decreased by -$5.14 from its previous closing price. On the day, 0.68 million shares were traded. NVOS stock price reached its highest trading level at $0.21 during the session, while it also had its lowest trading level at $0.1875.

Ratios:

Our goal is to gain a better understanding of NVOS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.27. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.16.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVOS now has a Market Capitalization of 3852820 and an Enterprise Value of 6323630. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.468 whereas that against EBITDA is -0.772.

Stock Price History:

Over the past 52 weeks, NVOS has reached a high of $3.44, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -32.17%, while the 200-Day Moving Average is calculated to be -64.97%.

Shares Statistics:

The stock has traded on average 437.40K shares per day over the past 3-months and 788450 shares per day over the last 10 days, according to various share statistics. A total of 15.76M shares are outstanding, with a floating share count of 15.67M. Insiders hold about 6.82% of the company’s shares, while institutions hold 6.55% stake in the company. Shares short for NVOS as of 1728950400 were 274864 with a Short Ratio of 0.63, compared to 1726185600 on 710653. Therefore, it implies a Short% of Shares Outstanding of 274864 and a Short% of Float of 1.5700001000000001.

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