Nova Minerals Corp (NVA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NVA SEC filings page.
This page shows Nova Minerals Corp (NVA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Nova Minerals is expanding its balance sheet mainly through new financing while losses and cash use remain substantial.
From FY2025 to FY2026, assets increased from$10.8M to$46.2M while financing cash inflows rose from$6.5M to$33.2M . That combination indicates the larger asset base was funded primarily by external capital rather than internally generated cash, while liabilities also climbed from$1.9M to$22.6M .
The company’s net loss widened from
Capital intensity increased: free cash flow shifted from
Financial Health Signals
Nova Minerals Corp does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Nova Minerals Corp passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Nova Minerals Corp reported a net loss of $25.6M while operations used $8.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Nova Minerals Corp held $26.8M in cash against $1.3M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 2026.
NVA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
NVA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q4'2510-K |
|---|---|---|
| Total Assets | $46.2M+326.2% | $10.8M |
| Current Assets | $36.2M+428.8% | $6.8M |
| Cash & Equivalents | $26.8M+350.2% | $5.9M |
| Short-Term Investments | $0 | $0 |
| Accounts Receivable | $5.5M+939.5% | $530K |
| Long-Term Investments | $0 | $0 |
| Total Liabilities | $22.6M+1061.4% | $1.9M |
| Current Liabilities | $11.6M+493.4% | $1.9M |
| Non-Current Liabilities | $11.1M | $0 |
| Long-Term Debt | $1.3M | N/A |
| Total Equity | $23.6M+165.1% | $8.9M |
| Retained Earnings | -$137.0M-23.0% | -$111.4M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
NVA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
NVA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nova Minerals Corp NVA | FY2026 | N/A | -$25.6M | N/A | $2.8B | — |
| Odyssey Marine Exploration, Inc OMEX | FY2025 | $354K | -$43.1M | N/A | $39.0M | — |
| Solitario Resources Corp. XPL | FY2025 | N/A | -$3.8M | N/A | $54.3M | — |
| Fury Gold Mines Limited FURY | FY2021 | N/A | $16.8M | N/A | $97.6M | — |
| Atlas Lithium Corporation ATLX | FY2025 | $121K | -$28.1M | N/A | $72.5M | — |
| Largo Inc. LGO | FY2025 | $109.9M | -$68.7M | -62.5% | $54.6M | 10/100 |
Where Nova Minerals Corp Ranks
Frequently Asked Questions
Is Nova Minerals Corp profitable?
No, Nova Minerals Corp (NVA) reported a net income of -$25.6M in fiscal year 2026.
How much debt does Nova Minerals Corp have?
As of fiscal year 2026, Nova Minerals Corp (NVA) had $26.8M in cash and equivalents against $1.3M in long-term debt.
What is Nova Minerals Corp's return on equity (ROE)?
Nova Minerals Corp (NVA) has a return on equity of -108.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Nova Minerals Corp's free cash flow?
Nova Minerals Corp (NVA) recorded an outflow of $11.5M in free cash flow during fiscal year 2026. This represents a -47.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nova Minerals Corp's operating cash flow?
Nova Minerals Corp (NVA) recorded an outflow of $8.8M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Nova Minerals Corp's total assets?
Nova Minerals Corp (NVA) had $46.2M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Nova Minerals Corp's capital expenditures?
Nova Minerals Corp (NVA) invested $2.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Nova Minerals Corp's current ratio?
Nova Minerals Corp (NVA) had a current ratio of 3.13 as of fiscal year 2026, which is generally considered healthy.
What is Nova Minerals Corp's debt-to-equity ratio?
Nova Minerals Corp (NVA) had a debt-to-equity ratio of 0.05 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nova Minerals Corp's return on assets (ROA)?
Nova Minerals Corp (NVA) had a return on assets of -55.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Nova Minerals Corp's P/E ratio?
Nova Minerals Corp (NVA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $2.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nova Minerals Corp's price-to-sales ratio?
Nova Minerals Corp (NVA) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $2.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Nova Minerals Corp's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Nova Minerals Corp (NVA) held $26.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $8.8M over that year. Dividing the one by the other, the reported balance equals about 37 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Nova Minerals Corp's Piotroski F-Score?
Nova Minerals Corp (NVA) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nova Minerals Corp's earnings high quality?
Nova Minerals Corp (NVA) reported a net loss of $25.6M while operations used $8.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.