NorthIsle Copper and Gold Balance Sheet Health
Financial Health criteria checks 6/6
NorthIsle Copper and Gold has a total shareholder equity of CA$16.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.0M and CA$1.4M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.54m |
| Equity | CA$16.62m |
| Total liabilities | CA$1.38m |
| Total assets | CA$18.00m |
Recent financial health updates
We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely
Apr 28
We're Keeping An Eye On NorthIsle Copper and Gold's (CVE:NCX) Cash Burn Rate
Nov 24Will NorthIsle Copper and Gold (CVE:NCX) Spend Its Cash Wisely?
Aug 05We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely
Apr 21We Think NorthIsle Copper and Gold (CVE:NCX) Can Afford To Drive Business Growth
Jan 06We're Keeping An Eye On NorthIsle Copper and Gold's (CVE:NCX) Cash Burn Rate
Sep 23Recent updates
We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely
Apr 28We're Keeping An Eye On NorthIsle Copper and Gold's (CVE:NCX) Cash Burn Rate
Nov 24Will NorthIsle Copper and Gold (CVE:NCX) Spend Its Cash Wisely?
Aug 05We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely
Apr 21We Think NorthIsle Copper and Gold (CVE:NCX) Can Afford To Drive Business Growth
Jan 06We're Keeping An Eye On NorthIsle Copper and Gold's (CVE:NCX) Cash Burn Rate
Sep 23We Think NorthIsle Copper and Gold (CVE:NCX) Needs To Drive Business Growth Carefully
May 10We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely
Sep 15NorthIsle Copper and Gold (CVE:NCX) Is In A Good Position To Deliver On Growth Plans
Jun 02Financial Position Analysis
Short Term Liabilities: NCX's short term assets (CA$7.8M) exceed its short term liabilities (CA$725.4K).
Long Term Liabilities: NCX's short term assets (CA$7.8M) exceed its long term liabilities (CA$652.2K).
Debt to Equity History and Analysis
Debt Level: NCX is debt free.
Reducing Debt: NCX 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: NCX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NCX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 43.7% each year.