Nanalysis Scientific Balance Sheet Health
Financial Health criteria checks 4/6
Nanalysis Scientific has a total shareholder equity of CA$23.5M and total debt of CA$19.0M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are CA$53.8M and CA$30.3M respectively.
Key information
81.1%
Debt to equity ratio
CA$19.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$759.00k |
| Equity | CA$23.48m |
| Total liabilities | CA$30.34m |
| Total assets | CA$53.82m |
Recent financial health updates
We Think Nanalysis Scientific (CVE:NSCI) Has A Fair Chunk Of Debt
Jan 31
Would Nanalysis Scientific (CVE:NSCI) Be Better Off With Less Debt?
Aug 26Is Nanalysis Scientific (CVE:NSCI) Using Too Much Debt?
Dec 08Is Nanalysis Scientific (CVE:NSCI) Weighed On By Its Debt Load?
Jul 15Health Check: How Prudently Does Nanalysis Scientific (CVE:NSCI) Use Debt?
Jan 24Is Nanalysis Scientific (CVE:NSCI) Using Debt Sensibly?
Mar 29Recent updates
Benign Growth For Nanalysis Scientific Corp. (CVE:NSCI) Underpins Stock's 25% Plummet
Mar 24Nanalysis Scientific Corp. (CVE:NSCI) Shares Fly 43% But Investors Aren't Buying For Growth
Feb 08We Think Nanalysis Scientific (CVE:NSCI) Has A Fair Chunk Of Debt
Jan 31Would Nanalysis Scientific (CVE:NSCI) Be Better Off With Less Debt?
Aug 26Nanalysis Scientific Corp.'s (CVE:NSCI) Price Is Right But Growth Is Lacking
Apr 17Is Nanalysis Scientific (CVE:NSCI) Using Too Much Debt?
Dec 08Is Nanalysis Scientific (CVE:NSCI) Weighed On By Its Debt Load?
Jul 15Health Check: How Prudently Does Nanalysis Scientific (CVE:NSCI) Use Debt?
Jan 24Is Nanalysis Scientific (CVE:NSCI) Using Debt Sensibly?
Mar 29Nanalysis Scientific (CVE:NSCI) Has Debt But No Earnings; Should You Worry?
Dec 14
Financial Position Analysis
Short Term Liabilities: NSCI's short term assets (CA$17.9M) exceed its short term liabilities (CA$14.6M).
Long Term Liabilities: NSCI's short term assets (CA$17.9M) exceed its long term liabilities (CA$15.7M).
Debt to Equity History and Analysis
Debt Level: NSCI's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: NSCI's debt to equity ratio has increased from 11.9% to 81.1% 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: NSCI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NSCI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.