Nubian Resources Balance Sheet Health
Financial Health criteria checks 6/6
Nubian Resources has a total shareholder equity of CA$10.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.3M and CA$162.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.30m |
Equity | CA$10.18m |
Total liabilities | CA$162.25k |
Total assets | CA$10.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBR's short term assets (CA$2.4M) exceed its short term liabilities (CA$162.2K).
Long Term Liabilities: NBR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NBR is debt free.
Reducing Debt: NBR has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.
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: NBR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NBR has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 14.7% each year.