Nanollose Balance Sheet Health
Financial Health criteria checks 5/6
Nanollose has a total shareholder equity of A$154.1K and total debt of A$344.2K, which brings its debt-to-equity ratio to 223.3%. Its total assets and total liabilities are A$923.0K and A$768.9K respectively.
Key information
223.3%
Debt to equity ratio
AU$344.22k
Debt
Interest coverage ratio | n/a |
Cash | AU$705.21k |
Equity | AU$154.12k |
Total liabilities | AU$768.92k |
Total assets | AU$923.04k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NC6's short term assets (A$848.1K) exceed its short term liabilities (A$740.7K).
Long Term Liabilities: NC6's short term assets (A$848.1K) exceed its long term liabilities (A$28.2K).
Debt to Equity History and Analysis
Debt Level: NC6 has more cash than its total debt.
Reducing Debt: NC6's debt to equity ratio has increased from 0% to 223.3% over the past 5 years.
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: NC6 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NC6 is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.