This company listing is no longer active
Nevada Copper Balance Sheet Health
Financial Health criteria checks 0/6
Nevada Copper has a total shareholder equity of $233.6M and total debt of $255.5M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are $726.7M and $493.1M respectively.
Key information
109.4%
Debt to equity ratio
US$255.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$287.00k |
| Equity | US$233.60m |
| Total liabilities | US$493.07m |
| Total assets | US$726.67m |
Financial Position Analysis
Short Term Liabilities: NCU's short term assets ($17.7M) do not cover its short term liabilities ($133.0M).
Long Term Liabilities: NCU's short term assets ($17.7M) do not cover its long term liabilities ($360.0M).
Debt to Equity History and Analysis
Debt Level: NCU's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: NCU's debt to equity ratio has increased from 31.6% to 109.4% 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: NCU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.5% each year