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Neptune Wellness Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Key information
19.1%
Debt to equity ratio
US$11.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.75m |
| Equity | US$60.84m |
| Total liabilities | US$44.12m |
| Total assets | US$104.95m |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Neptune Wellness Solutions (TSE:NEPT) Use Debt?
Jun 13
Analyst Forecasts Just Became More Bearish On Neptune Wellness Solutions Inc. (TSE:NEPT)
Jul 29The Neptune Wellness Solutions Inc. (TSE:NEPT) Analysts Have Been Trimming Their Sales Forecasts
Feb 10
Health Check: How Prudently Does Neptune Wellness Solutions (TSE:NEPT) Use Debt?
Dec 15Financial Position Analysis
Short Term Liabilities: NEPT's short term assets ($37.4M) exceed its short term liabilities ($30.3M).
Long Term Liabilities: NEPT's short term assets ($37.4M) exceed its long term liabilities ($13.8M).
Debt to Equity History and Analysis
Debt Level: NEPT's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: NEPT's debt to equity ratio has reduced from 32.7% to 19.1% 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: NEPT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NEPT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.3% each year