NorthIsle Copper and Gold Balance Sheet Health
Financial Health criteria checks 4/6
NorthIsle Copper and Gold has a total shareholder equity of CA$15.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$16.6M and CA$929.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$5.82m |
Equity | CA$15.62m |
Total liabilities | CA$929.37k |
Total assets | CA$16.55m |
Recent financial health 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 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$6.2M) exceed its short term liabilities (CA$796.7K).
Long Term Liabilities: NCX's short term assets (CA$6.2M) exceed its long term liabilities (CA$132.7K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year