NGX Balance Sheet Health
Financial Health criteria checks 6/6
NGX has a total shareholder equity of A$12.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.8M and A$139.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.98m |
| Equity | AU$12.68m |
| Total liabilities | AU$139.49k |
| Total assets | AU$12.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGX's short term assets (A$6.1M) exceed its short term liabilities (A$139.5K).
Long Term Liabilities: NGX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NGX is debt free.
Reducing Debt: NGX had no debt 5 years ago.
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: NGX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NGX has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 104.3% each year.