NexgenRx Balance Sheet Health
Financial Health criteria checks 6/6
NexgenRx has a total shareholder equity of CA$7.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$30.2M and CA$22.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.88m |
Equity | CA$7.71m |
Total liabilities | CA$22.48m |
Total assets | CA$30.20m |
Recent financial health updates
No updates
Recent updates
NexgenRx Inc.'s (CVE:NXG) Price Is Out Of Tune With Revenues
Mar 14Here's Why We Think NexgenRx (CVE:NXG) Might Deserve Your Attention Today
Mar 07Is Now The Time To Put NexgenRx (CVE:NXG) On Your Watchlist?
Oct 18Does NexgenRx (CVE:NXG) Deserve A Spot On Your Watchlist?
Nov 30What NexgenRx Inc.'s (CVE:NXG) 32% Share Price Gain Is Not Telling You
Aug 24Here's Why NexgenRx Inc.'s (CVE:NXG) CEO May Have Their Pay Bumped Up
Jun 03NexgenRx Inc.'s (CVE:NXG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 19How Much Is NexgenRx's (CVE:NXG) CEO Getting Paid?
Dec 28Financial Position Analysis
Short Term Liabilities: NXG's short term assets (CA$23.3M) exceed its short term liabilities (CA$22.1M).
Long Term Liabilities: NXG's short term assets (CA$23.3M) exceed its long term liabilities (CA$402.5K).
Debt to Equity History and Analysis
Debt Level: NXG is debt free.
Reducing Debt: NXG has no debt compared to 5 years ago when its debt to equity ratio was 168.9%.
Debt Coverage: NXG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NXG has no debt, therefore coverage of interest payments is not a concern.