Neurotech International Balance Sheet Health
Financial Health criteria checks 6/6
Neurotech International has a total shareholder equity of A$4.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.1M and A$275.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.48m |
Equity | AU$4.79m |
Total liabilities | AU$275.86k |
Total assets | AU$5.07m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTI's short term assets (A$5.1M) exceed its short term liabilities (A$275.9K).
Long Term Liabilities: NTI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NTI is debt free.
Reducing Debt: NTI has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
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: NTI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NTI has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 9.3% each year.