NanoXplore Financial Health
How is NanoXplore's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GRA's short term assets (CA$84.5M) exceed its short term liabilities (CA$32.4M).
Long Term Liabilities: GRA's short term assets (CA$84.5M) exceed its long term liabilities (CA$19.3M).
Debt to Equity History and Analysis
Debt Level: GRA has more cash than its total debt.
Reducing Debt: GRA's debt to equity ratio has reduced from 23.5% to 13.4% over the past 5 years.
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: GRA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GRA has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 31.9% each year.