NeuPath Health Balance Sheet Health
Financial Health criteria checks 5/6
NeuPath Health has a total shareholder equity of CA$21.6M and total debt of CA$5.7M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CA$41.7M and CA$20.1M respectively. NeuPath Health's EBIT is CA$1.1M making its interest coverage ratio 1.2. It has cash and short-term investments of CA$3.1M.
Key information
26.6%
Debt to equity ratio
CA$5.74m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CA$3.14m |
| Equity | CA$21.62m |
| Total liabilities | CA$20.13m |
| Total assets | CA$41.75m |
Recent financial health updates
These 4 Measures Indicate That NeuPath Health (CVE:NPTH) Is Using Debt Extensively
Jun 16
Does NeuPath Health (CVE:NPTH) Have A Healthy Balance Sheet?
Mar 01Recent updates
Investors Don't See Light At End Of NeuPath Health Inc.'s (CVE:NPTH) Tunnel
Aug 18These 4 Measures Indicate That NeuPath Health (CVE:NPTH) Is Using Debt Extensively
Jun 16The Market Doesn't Like What It Sees From NeuPath Health Inc.'s (CVE:NPTH) Revenues Yet
Apr 23Does NeuPath Health (CVE:NPTH) Have A Healthy Balance Sheet?
Mar 01Revenues Not Telling The Story For NeuPath Health Inc. (CVE:NPTH) After Shares Rise 27%
Dec 20Little Excitement Around NeuPath Health Inc.'s (CVE:NPTH) Revenues
Aug 19Financial Position Analysis
Short Term Liabilities: NPTH's short term assets (CA$11.2M) do not cover its short term liabilities (CA$11.7M).
Long Term Liabilities: NPTH's short term assets (CA$11.2M) exceed its long term liabilities (CA$8.5M).
Debt to Equity History and Analysis
Debt Level: NPTH's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: NPTH's debt to equity ratio has reduced from 141.2% to 26.6% 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: Whilst unprofitable NPTH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NPTH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NeuPath Health Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Keywood | Stifel Canada |