Nyrada Balance Sheet Health
Financial Health criteria checks 6/6
Nyrada has a total shareholder equity of A$4.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.1M and A$484.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.64m |
| Equity | AU$4.58m |
| Total liabilities | AU$484.51k |
| Total assets | AU$5.06m |
Financial Position Analysis
Short Term Liabilities: NYR's short term assets (A$5.0M) exceed its short term liabilities (A$460.3K).
Long Term Liabilities: NYR's short term assets (A$5.0M) exceed its long term liabilities (A$24.2K).
Debt to Equity History and Analysis
Debt Level: NYR is debt free.
Reducing Debt: NYR currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: NYR has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NYR is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.