Nickel Creek Platinum Balance Sheet Health
Financial Health criteria checks 5/6
Nickel Creek Platinum has a total shareholder equity of CA$33.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$34.1M and CA$903.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$468.09k |
| Equity | CA$33.19m |
| Total liabilities | CA$903.72k |
| Total assets | CA$34.09m |
Recent financial health updates
Nickel Creek Platinum (TSE:NCP) Is In A Good Position To Deliver On Growth Plans
Sep 13
Will Nickel Creek Platinum (TSE:NCP) Spend Its Cash Wisely?
Dec 17Nickel Creek Platinum (TSE:NCP) Is In A Good Position To Deliver On Growth Plans
Aug 27We're Keeping An Eye On Nickel Creek Platinum's (TSE:NCP) Cash Burn Rate
Mar 01Recent updates
Nickel Creek Platinum (TSE:NCP) Is In A Good Position To Deliver On Growth Plans
Sep 13Will Nickel Creek Platinum (TSE:NCP) Spend Its Cash Wisely?
Dec 17Nickel Creek Platinum (TSE:NCP) Is In A Good Position To Deliver On Growth Plans
Aug 27We're Keeping An Eye On Nickel Creek Platinum's (TSE:NCP) Cash Burn Rate
Mar 01Financial Position Analysis
Short Term Liabilities: NCP's short term assets (CA$568.4K) exceed its short term liabilities (CA$324.9K).
Long Term Liabilities: NCP's short term assets (CA$568.4K) do not cover its long term liabilities (CA$578.8K).
Debt to Equity History and Analysis
Debt Level: NCP is debt free.
Reducing Debt: NCP 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: NCP has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NCP is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.