Northern Dynasty Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Northern Dynasty Minerals has a total shareholder equity of CA$118.3M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CA$140.0M and CA$21.6M respectively.
Key information
2.1%
Debt to equity ratio
CA$2.43m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.72m |
| Equity | CA$118.33m |
| Total liabilities | CA$21.62m |
| Total assets | CA$139.95m |
Recent financial health updates
Health Check: How Prudently Does Northern Dynasty Minerals (TSE:NDM) Use Debt?
Aug 07
Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?
Apr 12Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?
Apr 26Here's Why We're Not Too Worried About Northern Dynasty Minerals' (TSE:NDM) Cash Burn Situation
Jan 10Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?
Jul 08We Think Northern Dynasty Minerals (TSE:NDM) Needs To Drive Business Growth Carefully
Jul 20Recent updates
Health Check: How Prudently Does Northern Dynasty Minerals (TSE:NDM) Use Debt?
Aug 07Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?
Apr 12Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?
Apr 26Here's Why We're Not Too Worried About Northern Dynasty Minerals' (TSE:NDM) Cash Burn Situation
Jan 10Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?
Jul 08We Think Northern Dynasty Minerals (TSE:NDM) Needs To Drive Business Growth Carefully
Jul 20Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Invest In Growth?
Mar 03Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Invest In Growth?
Nov 18
Financial Position Analysis
Short Term Liabilities: NDM's short term assets (CA$13.0M) do not cover its short term liabilities (CA$21.3M).
Long Term Liabilities: NDM's short term assets (CA$13.0M) exceed its long term liabilities (CA$323.0K).
Debt to Equity History and Analysis
Debt Level: NDM has more cash than its total debt.
Reducing Debt: NDM's debt to equity ratio has increased from 0% to 2.1% 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: NDM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NDM has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.6% each year.