Nyrada Balance Sheet Health
Financial Health criteria checks 6/6
Nyrada has a total shareholder equity of A$5.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.9M and A$855.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.77m |
| Equity | AU$5.05m |
| Total liabilities | AU$855.63k |
| Total assets | AU$5.91m |
Financial Position Analysis
Short Term Liabilities: NYR's short term assets (A$5.9M) exceed its short term liabilities (A$835.6K).
Long Term Liabilities: NYR's short term assets (A$5.9M) exceed its long term liabilities (A$20.0K).
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 more than 3 years based on its current free cash flow.
Forecast Cash Runway: NYR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.1% each year