New Stratus Energy Balance Sheet Health
Financial Health criteria checks 6/6
New Stratus Energy has a total shareholder equity of CA$22.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.7M and CA$26.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$33.11m |
| Equity | CA$22.06m |
| Total liabilities | CA$26.60m |
| Total assets | CA$48.66m |
Recent financial health updates
Recent updates
New Stratus Energy Inc.'s (CVE:NSE) Business Is Yet to Catch Up With Its Share Price
Apr 27
Optimistic Investors Push New Stratus Energy Inc. (CVE:NSE) Shares Up 33% But Growth Is Lacking
Dec 22Even With A 61% Surge, Cautious Investors Are Not Rewarding New Stratus Energy Inc.'s (CVE:NSE) Performance Completely
Jul 29New Stratus Energy's (CVE:NSE) Robust Profit May Be Overstating Its True Earnings Potential
Aug 05Here's Why We're Not Too Worried About New Stratus Energy's (CVE:NSE) Cash Burn Situation
Dec 02Financial Position Analysis
Short Term Liabilities: NSE's short term assets (CA$48.0M) exceed its short term liabilities (CA$3.9M).
Long Term Liabilities: NSE's short term assets (CA$48.0M) exceed its long term liabilities (CA$22.7M).
Debt to Equity History and Analysis
Debt Level: NSE is debt free.
Reducing Debt: NSE 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: Whilst unprofitable NSE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NSE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.5% per year.