Neovasc Inc
F:G5Z3
Bankruptcy Probability
Neovasc Inc's probability of bankruptcy is 3.8%, pointing to a small but noticeable default risk. The solvency score is 39/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Neovasc Inc Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
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Neovasc Inc
TSX:NVCN
|
110.5m CAD |
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| US |
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Abbott Laboratories
NYSE:ABT
|
186.1B USD |
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| US |
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Intuitive Surgical Inc
NASDAQ:ISRG
|
170.4B USD |
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| US |
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Stryker Corp
NYSE:SYK
|
130B USD |
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| IE |
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Medtronic PLC
NYSE:MDT
|
111.5B USD |
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| US |
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Boston Scientific Corp
NYSE:BSX
|
103.6B USD |
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| DE |
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Siemens Healthineers AG
XETRA:SHL
|
42.2B EUR |
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| US |
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Edwards Lifesciences Corp
NYSE:EW
|
47.9B USD |
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| US |
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IDEXX Laboratories Inc
NASDAQ:IDXX
|
46.2B USD |
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| US |
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Becton Dickinson and Co
NYSE:BDX
|
44.6B USD |
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| US |
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Resmed Inc
NYSE:RMD
|
33.1B USD |
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Neovasc Inc's probability of bankruptcy is 3.8%, pointing to a small but noticeable default risk.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Neovasc Inc has total debt of 12.8m USD. This includes both short-term (0 USD) and long-term (12.8m USD) debt.
You can find a full breakdown on its Balance Sheet.
