Northfield Capital Balance Sheet Health
Financial Health criteria checks 5/6
Northfield Capital has a total shareholder equity of CA$63.9M and total debt of CA$12.2M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CA$82.4M and CA$18.5M respectively.
Key information
19.0%
Debt to equity ratio
CA$12.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$53.74m |
| Equity | CA$63.91m |
| Total liabilities | CA$18.48m |
| Total assets | CA$82.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NFD.A's short term assets (CA$56.3M) exceed its short term liabilities (CA$7.9M).
Long Term Liabilities: NFD.A's short term assets (CA$56.3M) exceed its long term liabilities (CA$10.6M).
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 19% 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 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.