Northcliff Resources Financial Health
Financial Health criteria checks 4/6
Northcliff Resources has a total shareholder equity of CA$25.9M and total debt of CA$5.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CA$32.3M and CA$6.4M respectively.
Key information
20.5%
Debt to equity ratio
CA$5.31m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.48m |
| Equity | CA$25.94m |
| Total liabilities | CA$6.39m |
| Total assets | CA$32.33m |
Financial Position Analysis
Short Term Liabilities: NCF's short term assets (CA$4.6M) do not cover its short term liabilities (CA$6.4M).
Long Term Liabilities: NCF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NCF's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: NCF's debt to equity ratio has increased from 0% to 20.5% 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: NCF has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NCF has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 12.2% each year.