Executive Briefing · December 2026
Good morning, Jordan.
NuVu Technologies LLC — fiscal year on track. 1 active covenant breach.
Cash & Equivalents
$4.21M
-6.8% vs prior period
Trailing EBITDA
$8.94M
+3.1% vs prior period
Net Working Capital
$9.62M
+1.4% vs prior period
Total Debt
$30.24M
+0.6% vs prior period
Covenants closest to breach
1 breach · 3 watch · 5 compliant
Minimum Liquidity · Revolver — $15.0M
Minimum $3.0M cash + availability
$2.84M
-5.3% cushion
Debt-to-EBITDA · Term Loan A — $25.0M
Maximum 3.50x
3.38x
+3.4% cushion
Quick Ratio · Revolver — $15.0M
Minimum 1.00x
1.04x
+4.0% cushion
Borrowing Base · Revolver — $15.0M
Advance ≤ 80% eligible AR + 50% eligible inventory
$11.90M
+4.0% cushion
Current Ratio · Revolver — $15.0M
Minimum 1.50x
1.62x
+8.0% cushion
AI Briefing
Minimum Liquidity covenant is in active breach ($2.84M vs $3.0M requirement). Cash burn accelerated 8% in Q4 from inventory build-up.
Debt-to-EBITDA cushion compressed to 3.4% (3.38x vs 3.50x cap). One quarter of flat EBITDA puts you in breach.
Recommended actions: defer $1.2M of February capex, accelerate AR collection on top 5 accounts (~$1.8M), and notify First National Trust of leverage trajectory before March test.
Ask a follow-upConnect Financials
Link QBO, NetSuite, Sage Intacct & 6 more.
Build Credit Package
Assemble lender-ready packets in minutes.
Reports
Generate executive PDFs and lender packets.