Northfield Capital Balance Sheet Health
Financial Health criteria checks 5/6
Northfield Capital has a total shareholder equity of CA$62.6M and total debt of CA$12.8M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CA$78.4M and CA$15.8M respectively.
Key information
20.5%
Debt to equity ratio
CA$12.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$49.83m |
| Equity | CA$62.61m |
| Total liabilities | CA$15.79m |
| Total assets | CA$78.40m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NFD.A's short term assets (CA$51.8M) exceed its short term liabilities (CA$6.5M).
Long Term Liabilities: NFD.A's short term assets (CA$51.8M) exceed its long term liabilities (CA$9.3M).
Debt to Equity History and Analysis
Debt Level: NFD.A has more cash than its total debt.
Reducing Debt: NFD.A's debt to equity ratio has increased from 0% to 20.5% 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: NFD.A has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NFD.A has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 26.2% each year.