Noxopharm Balance Sheet Health
Financial Health criteria checks 4/6
Noxopharm has a total shareholder equity of A$6.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$7.2M and A$580.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.16m |
Equity | AU$6.58m |
Total liabilities | AU$580.77k |
Total assets | AU$7.16m |
Recent financial health updates
Is Noxopharm (ASX:NOX) In A Good Position To Deliver On Growth Plans?
Jan 04We're Keeping An Eye On Noxopharm's (ASX:NOX) Cash Burn Rate
Jul 22Is Noxopharm (ASX:NOX) In A Good Position To Deliver On Growth Plans?
Feb 27We Think Noxopharm (ASX:NOX) Can Easily Afford To Drive Business Growth
Nov 10Is Noxopharm (ASX:NOX) Using Debt Sensibly?
Jun 04Noxopharm (ASX:NOX) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Feb 17Recent updates
Is Noxopharm (ASX:NOX) In A Good Position To Deliver On Growth Plans?
Jan 04We're Keeping An Eye On Noxopharm's (ASX:NOX) Cash Burn Rate
Jul 22Is Noxopharm (ASX:NOX) In A Good Position To Deliver On Growth Plans?
Feb 27We Think Noxopharm (ASX:NOX) Can Easily Afford To Drive Business Growth
Nov 10Is Noxopharm (ASX:NOX) Using Debt Sensibly?
Jun 04Noxopharm (ASX:NOX) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Feb 17These 4 Measures Indicate That Noxopharm (ASX:NOX) Is Using Debt Extensively
Sep 04Financial Position Analysis
Short Term Liabilities: NOX's short term assets (A$6.4M) exceed its short term liabilities (A$499.5K).
Long Term Liabilities: NOX's short term assets (A$6.4M) exceed its long term liabilities (A$81.3K).
Debt to Equity History and Analysis
Debt Level: NOX is debt free.
Reducing Debt: NOX has no debt compared to 5 years ago when its debt to equity ratio was 56.9%.
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: NOX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.2% each year