NextSource Materials Balance Sheet Health
Financial Health criteria checks 6/6
NextSource Materials has a total shareholder equity of $57.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $85.0M and $27.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.87m |
| Equity | US$57.05m |
| Total liabilities | US$27.92m |
| Total assets | US$84.97m |
Recent financial health updates
Is NextSource Materials (TSE:NEXT) In A Good Position To Invest In Growth?
Mar 16
Here's Why We're Not Too Worried About NextSource Materials' (TSE:NEXT) Cash Burn Situation
Nov 30Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
Sep 08Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
May 25We Think NextSource Materials (TSE:NEXT) Can Afford To Drive Business Growth
Feb 09Recent updates
Is NextSource Materials (TSE:NEXT) In A Good Position To Invest In Growth?
Mar 16Here's Why We're Not Too Worried About NextSource Materials' (TSE:NEXT) Cash Burn Situation
Nov 30Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
Sep 08Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
May 25We Think NextSource Materials (TSE:NEXT) Can Afford To Drive Business Growth
Feb 09NextSource Materials (TSE:NEXT) Is In A Good Position To Deliver On Growth Plans
Oct 26We're Interested To See How NextSource Materials (TSE:NEXT) Uses Its Cash Hoard To Grow
May 14Is NextSource Materials (TSE:NEXT) In A Good Position To Invest In Growth?
Dec 22Financial Position Analysis
Short Term Liabilities: NEXT's short term assets ($34.6M) exceed its short term liabilities ($6.6M).
Long Term Liabilities: NEXT's short term assets ($34.6M) exceed its long term liabilities ($21.3M).
Debt to Equity History and Analysis
Debt Level: NEXT is debt free.
Reducing Debt: NEXT 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: NEXT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NEXT has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 44.2% each year.