Nanalysis Scientific Balance Sheet Health
Financial Health criteria checks 2/6
Nanalysis Scientific has a total shareholder equity of CA$25.8M and total debt of CA$15.3M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are CA$54.0M and CA$28.2M respectively.
Key information
59.3%
Debt to equity ratio
CA$15.28m
Debt
Interest coverage ratio | n/a |
Cash | CA$1.69m |
Equity | CA$25.77m |
Total liabilities | CA$28.21m |
Total assets | CA$53.98m |
Recent financial health updates
We Think Nanalysis Scientific (CVE:NSCI) Has A Fair Chunk Of Debt
Jan 31Would 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
Nanalysis Scientific Corp. (CVE:NSCI) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
May 12Benign 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 14Financial Position Analysis
Short Term Liabilities: NSCI's short term assets (CA$19.0M) exceed its short term liabilities (CA$12.7M).
Long Term Liabilities: NSCI's short term assets (CA$19.0M) exceed its long term liabilities (CA$15.5M).
Debt to Equity History and Analysis
Debt Level: NSCI's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: NSCI's debt to equity ratio has increased from 15.3% to 59.3% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NSCI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.7% each year