Nevis Brands Balance Sheet Health
Financial Health criteria checks 1/6
Nevis Brands has a total shareholder equity of CA$1.3M and total debt of CA$681.5K, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are CA$2.2M and CA$935.9K respectively.
Key information
54.1%
Debt to equity ratio
CA$681.47k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$98.53k |
| Equity | CA$1.26m |
| Total liabilities | CA$935.91k |
| Total assets | CA$2.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEVI's short term assets (CA$689.8K) do not cover its short term liabilities (CA$935.9K).
Long Term Liabilities: NEVI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NEVI's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: NEVI's debt to equity ratio has increased from 0% to 54.1% 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: NEVI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NEVI has less than a year of cash runway if free cash flow continues to grow at historical rates of 39% each year.