Novatech Industries

Novatech Industries Interest Coverage

The Interest Coverage Ratio of Novatech Industries (MLNOV.PA) as of Oct 11, 2026 is 12.09. In the previous year, Interest Coverage Ratio was 6.45 — a change of 87.41% (higher).

Interest Coverage

12.09

YoY

87.41%

Last updated:

Interest Coverage Ratio of Novatech Industries is 2021 12.09 . Interest Coverage Ratio of Novatech Industries was 2020 6.45 . It decreases by 87.41% higher compared to the previous year.

The Novatech Industries Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2014
-3.00 EUR
Jan 1, 2015
-4.00 EUR
Jan 1, 2016
9.93 EUR
Jan 1, 2017
4.00 EUR
Jan 1, 2018
-19.00 EUR
Jan 1, 2019
1.09 EUR
Jan 1, 2020
6.45 EUR
Jan 1, 2021
12.09 EUR
The Novatech Industries Interest Coverage history
YEARInterest CoverageYoY
12.09+87.41%
6.45+492.17%
1.09-105.73%
-19.00-575.00%
4.00-59.71%
9.93-348.20%
-4.00+33.33%
-3.00—
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Novatech Industries Stock analysis

What does Novatech Industries do? Novatech Industries SA is an international company specializing in the manufacturing and distribution of high-tech products. The company was founded in 1990 by a Swiss engineer and has since experienced impressive growth. Novatech Industries SA initially focused on aerospace technology but has expanded its business into various markets over time. Today, the company offers products and services in the fields of aerospace, defense, energy, mechanical engineering, medicine, and telecommunications. Novatech Industries SA's success can be attributed to its business model, which heavily invests in research and development and collaborates with universities and research institutes worldwide. The company's different divisions specialize in specific industries, allowing for tailored solutions. Novatech Industries SA has branches worldwide and employs over 1,500 staff members. With its wide range of products, strong emphasis on research and development, and global presence, the company is well-positioned for ongoing success. Novatech Industries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Novatech Industries stock

Interest Coverage Ratio of Novatech Industries is 12.09 in 2021.

Interest Coverage Ratio of Novatech Industries changed from 6.45 to 12.09, representing a 87.41% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Novatech Industries since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Novatech Industries with sector peers and the industry average to assess whether it is attractive.

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Leverage — Novatech Industries

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