Nevada Copper Balance Sheet Health
Financial Health criteria checks 0/6
Nevada Copper has a total shareholder equity of $248.6M and total debt of $227.7M, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are $703.4M and $454.7M respectively.
Key information
91.6%
Debt to equity ratio
US$227.65m
Debt
| Interest coverage ratio | n/a |
| Cash | US$739.00k |
| Equity | US$248.63m |
| Total liabilities | US$454.74m |
| Total assets | US$703.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NCU's short term assets ($16.8M) do not cover its short term liabilities ($100.4M).
Long Term Liabilities: NCU's short term assets ($16.8M) do not cover its long term liabilities ($354.4M).
Debt to Equity History and Analysis
Debt Level: NCU's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: NCU's debt to equity ratio has increased from 30.7% to 91.6% 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: NCU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NCU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.