Nova Minerals Limited (NVA) — Financial Flexibility Index

Latest as of September 2024: 0.25x

Nova Minerals Limited (NVA) has a Financial Flexibility Index of 0.25x as of September 2024. Free cash flow of $268.71 Million (operating CF $150.25 Million minus capex $118.46 Million) represents 0% of total liabilities ($1.06 Billion). Check total reinvestment intensity of Nova Minerals Limited to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.25x
Free Cash Flow / Total Liabilities

Free Cash Flow

$268.71 Million
Operating CF − Capex

Total Liabilities

$1.06 Billion
USD

Capital Expenditures

$118.46 Million
USD

Nova Minerals Limited Financial Flexibility Index (2004–2024)

Historical Financial Flexibility Index trend for Nova Minerals Limited across 21 annual periods. For the full cash flow conversion analysis, see Nova Minerals Limited (NVA) cash flow conversion.

Annual Financial Flexibility Index for Nova Minerals Limited (2004–2024)

Year-by-year free cash flow to debt coverage for Nova Minerals Limited. Explore Nova Minerals Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 1.36x $1.28 Billion $721.34 Million $943.02 Million ▼ -4.4%
2023 1.42x $1.26 Billion $844.82 Million $886.17 Million ▲ +117.2%
2022 0.66x $626.41 Million $338.58 Million $956.17 Million ▲ +100.3%
2021 0.33x $327.31 Million $147.20 Million $1.00 Billion ▼ -44.7%
2020 0.59x $580.91 Million $263.86 Million $982.61 Million ▼ -62.0%
2019 1.55x $1.21 Billion $251.06 Million $775.86 Million ▼ -6.9%
2018 1.67x $539.22 Million $224.68 Million $322.84 Million ▲ +8.0%
2017 1.55x $317.25 Million $126.75 Million $205.21 Million ▲ +45.1%
2016 1.07x $375.08 Million $111.40 Million $352.00 Million ▼ -16.2%
2015 1.27x $427.97 Million $86.17 Million $336.43 Million ▼ -15.6%
2014 1.51x $298.17 Million $83.26 Million $197.92 Million ▲ +113.8%
2013 0.70x $156.50 Million $58.52 Million $222.11 Million ▲ +35.2%
2012 0.52x $322.10 Million $160.27 Million $618.16 Million ▼ -3.0%
2011 0.54x $374.15 Million $167.46 Million $696.74 Million ▼ -31.9%
2010 0.79x $501.57 Million $191.66 Million $636.05 Million ▲ +9.6%
2009 0.72x $428.71 Million $232.12 Million $596.00 Million ▼ -16.6%
2008 0.86x $269.79 Million $103.18 Million $312.87 Million ▲ +6.6%
2007 0.81x $237.38 Million $113.49 Million $293.57 Million ▼ -24.8%
2006 1.07x $190.08 Million $101.72 Million $176.83 Million ▼ -28.9%
2005 1.51x $88.31 Million $42.94 Million $58.42 Million ▼ -15.0%
2004 1.78x $36.67 Million $15.71 Million $20.61 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities