Nova Leap Health (TSXV:NLH) FCF Yield % : 7.91 (As of May. 12, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Nova Leap Health FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Nova Leap Health's Trailing 12-Month Free Cash Flow is C$1.84 Mil, and Market Cap is C$23.28 Mil. Therefore, Nova Leap Health's FCF Yield % for today is 7.91%.

The historical rank and industry rank for Nova Leap Health's FCF Yield % or its related term are showing as below:

TSXV:NLH' s FCF Yield % Range Over the Past 10 Years
Min: -30.59 Med: 4.96 Max: 21.08
Current: 7.91

During the past 7 years, the highest FCF Yield % of Nova Leap Health was 21.08%. The lowest was -30.59%. And the median was 4.96%.

TSXV:NLH's FCF Yield % is ranked better than
81.74% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.51 vs TSXV:NLH: 7.91

Nova Leap Health's FCF Margin % for the quarter that ended in Sep. 2023 was 9.77%.

Nova Leap Health FCF Yield % Historical Data

The historical data trend for Nova Leap Health's FCF Yield % 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.

Nova Leap Health FCF Yield % Chart

Nova Leap Health Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

FCF Yield %

Get a 7-Day Free Trial

-11.05

2.82

7.82

5.77

5.99

Nova Leap Health Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
FCF Yield %	Get a 7-Day Free Trial															27.23	-5.09	7.68	23.44	22.96

Competitive Comparison of Nova Leap Health's FCF Yield %

For the Medical Care Facilities subindustry, Nova Leap Health's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.

Nova Leap Health's FCF Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nova Leap Health's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nova Leap Health's FCF Yield % falls into.

Nova Leap Health FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Nova Leap Health's FCF Yield % for the fiscal year that ended in Dec. 2022 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	1.291	/	21.552325
	=	5.99%

Nova Leap Health's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0.866	*	4	/	15.0866275
	=	22.96%

Nova Leap Health FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Nova Leap Health FCF Yield % Related Terms

Thank you for viewing the detailed overview of Nova Leap Health's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nova Leap Health (TSXV:NLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Leap Health Corp (TSXV:NLH) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NVLPF:USA

Address

7071 Bayers Road, Suite 3006, Halifax, NS, CAN, B3L 2C2

Website

https://www.novaleaphealth.com

Nova Leap Health Corp operates in the healthcare industry. The company is a provider of personal home care and support services. The principal business activities of the company and its subsidiaries are to provide skilled and non-medical home care to clients. Its service offering includes meal preparation, housekeeping, transportation, personal care, and medication reminders. Its segments comprise Canadian and U.S operations. The company derives a majority of its revenue from the United States.

Executives

Christopher Donald Dobbin

Director, Senior Officer

Nova Leap Health (TSXV:NLH) Headlines

No Headlines