NickelSearch Balance Sheet Health
Financial Health criteria checks 5/6
NickelSearch has a total shareholder equity of A$2.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.9M and A$2.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.69m |
| Equity | AU$2.25m |
| Total liabilities | AU$2.63m |
| Total assets | AU$4.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIS's short term assets (A$1.8M) exceed its short term liabilities (A$375.2K).
Long Term Liabilities: NIS's short term assets (A$1.8M) do not cover its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: NIS is debt free.
Reducing Debt: NIS 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: NIS has sufficient cash runway for 5 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 5 months based on free cash flow estimates, but has since raised additional capital.