NickelSearch Balance Sheet Health
Financial Health criteria checks 6/6
NickelSearch has a total shareholder equity of A$11.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.0M and A$3.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.51m |
Equity | AU$11.00m |
Total liabilities | AU$2.95m |
Total assets | AU$13.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIS's short term assets (A$3.6M) exceed its short term liabilities (A$655.0K).
Long Term Liabilities: NIS's short term assets (A$3.6M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: NIS is debt free.
Reducing Debt: NIS has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
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: NIS has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NIS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.