Northcliff Resources Balance Sheet Health
Financial Health criteria checks 4/6
Northcliff Resources has a total shareholder equity of CA$29.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$30.5M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.50m |
| Equity | CA$29.45m |
| Total liabilities | CA$1.06m |
| Total assets | CA$30.51m |
Financial Position Analysis
Short Term Liabilities: NCF's short term assets (CA$1.5M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: NCF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NCF is debt free.
Reducing Debt: NCF had no debt 5 years ago.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.4% each year