Next Science Balance Sheet Health
Financial Health criteria checks 4/6
Next Science has a total shareholder equity of $12.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $17.9M and $5.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.28m |
| Equity | US$12.82m |
| Total liabilities | US$5.08m |
| Total assets | US$17.90m |
Recent financial health updates
Will Next Science (ASX:NXS) Spend Its Cash Wisely?
Apr 16
Here's Why We're Not Too Worried About Next Science's (ASX:NXS) Cash Burn Situation
Jan 25Here's Why We're Watching Next Science's (ASX:NXS) Cash Burn Situation
Feb 14
Recent updates
Will Next Science (ASX:NXS) Spend Its Cash Wisely?
Apr 16Further Upside For Next Science Limited (ASX:NXS) Shares Could Introduce Price Risks After 26% Bounce
Mar 06Potential Upside For Next Science Limited (ASX:NXS) Not Without Risk
Dec 26Next Science Limited (ASX:NXS) Analysts Just Trimmed Their Revenue Forecasts By 10%
Oct 26Take Care Before Jumping Onto Next Science Limited (ASX:NXS) Even Though It's 26% Cheaper
May 13The Next Science Limited (ASX:NXS) Analysts Have Been Trimming Their Sales Forecasts
Feb 03Here's Why We're Not Too Worried About Next Science's (ASX:NXS) Cash Burn Situation
Jan 25Next Science Limited (ASX:NXS) Is Expected To Breakeven In The Near Future
Mar 07Here's Why We're Watching Next Science's (ASX:NXS) Cash Burn Situation
Feb 14Did Next Science Limited (ASX:NXS) Insiders Buy Up More Shares?
Jan 18Do Institutions Own Next Science Limited (ASX:NXS) Shares?
Dec 20What Type Of Returns Would Next Science's(ASX:NXS) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Nov 23Financial Position Analysis
Short Term Liabilities: NXS's short term assets ($14.0M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: NXS's short term assets ($14.0M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: NXS is debt free.
Reducing Debt: NXS has no debt compared to 5 years ago when its debt to equity ratio was 1751%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXS has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.1% each year.