Nuinsco Resources Limited

CNSX:NWI Stock Report

Market Cap: CA$2.1m

Nuinsco Resources Balance Sheet Health

Financial Health criteria checks 0/6

Nuinsco Resources has a total shareholder equity of CA$-2.3M and total debt of CA$60.0K, which brings its debt-to-equity ratio to -2.6%. Its total assets and total liabilities are CA$874.1K and CA$3.2M respectively.

Key information

-2.6%

Debt to equity ratio

CA$60.00k

Debt

Interest coverage ration/a
CashCA$36.93k
Equity-CA$2.29m
Total liabilitiesCA$3.17m
Total assetsCA$874.08k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NWI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NWI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: NWI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NWI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: NWI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NWI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.1% each year


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