Nextgen Food Robotics Balance Sheet Health
Financial Health criteria checks 4/6
Nextgen Food Robotics has a total shareholder equity of CA$2.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.0M and CA$1.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.18m |
| Equity | CA$2.68m |
| Total liabilities | CA$1.27m |
| Total assets | CA$3.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGRB's short term assets (CA$1.4M) exceed its short term liabilities (CA$247.2K).
Long Term Liabilities: NGRB's short term assets (CA$1.4M) exceed its long term liabilities (CA$1.0M).
Debt to Equity History and Analysis
Debt Level: NGRB is debt free.
Reducing Debt: NGRB had no debt 5 years ago.
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: Insufficient data to determine if NGRB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NGRB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.