NanoXplore Balance Sheet Health
Financial Health criteria checks 5/6
NanoXplore has a total shareholder equity of CA$109.4M and total debt of CA$7.0M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CA$156.7M and CA$47.3M respectively.
Key information
6.4%
Debt to equity ratio
CA$7.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$29.79m |
| Equity | CA$109.42m |
| Total liabilities | CA$47.27m |
| Total assets | CA$156.68m |
Recent financial health updates
Is NanoXplore (TSE:GRA) A Risky Investment?
Apr 17
Is NanoXplore (TSE:GRA) A Risky Investment?
Dec 12NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
Sep 08NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
May 22NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
Feb 17Is NanoXplore (TSE:GRA) Using Too Much Debt?
Sep 25Recent updates
Is NanoXplore (TSE:GRA) A Risky Investment?
Apr 17Investors Interested In NanoXplore Inc.'s (TSE:GRA) Revenues
Jun 07Is NanoXplore (TSE:GRA) A Risky Investment?
Dec 12NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
Sep 08NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
May 22NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?
Feb 17There Could Be A Chance NanoXplore Inc.'s (TSE:GRA) CEO Will Have Their Compensation Increased
Dec 16Is It Too Late To Consider Buying NanoXplore Inc. (TSE:GRA)?
Nov 11Is NanoXplore (TSE:GRA) Using Too Much Debt?
Sep 25A Look At The Fair Value Of NanoXplore Inc. (TSE:GRA)
Aug 05Is NanoXplore (CVE:GRA) Weighed On By Its Debt Load?
Jun 22Estimating The Intrinsic Value Of NanoXplore Inc. (CVE:GRA)
Mar 15Have Insiders Sold NanoXplore Inc. (CVE:GRA) Shares Recently?
Feb 17
David Schoch Just Bought 52% More Shares In NanoXplore Inc. (CVE:GRA)
Feb 03Does NanoXplore (CVE:GRA) Have A Healthy Balance Sheet?
Jan 14What Percentage Of NanoXplore Inc. (CVE:GRA) Shares Do Insiders Own?
Dec 24Have Insiders Been Buying NanoXplore Inc. (CVE:GRA) Shares This Year?
Dec 03Financial Position Analysis
Short Term Liabilities: GRA's short term assets (CA$68.2M) exceed its short term liabilities (CA$32.4M).
Long Term Liabilities: GRA's short term assets (CA$68.2M) exceed its long term liabilities (CA$14.9M).
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 62% to 6.4% 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: GRA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GRA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.2% each year