Northern Graphite Balance Sheet Health
Financial Health criteria checks 2/6
Northern Graphite has a total shareholder equity of CA$-27.1M and total debt of CA$26.1M, which brings its debt-to-equity ratio to -96.2%. Its total assets and total liabilities are CA$74.4M and CA$101.5M respectively.
Key information
-96.17%
Debt to equity ratio
CA$26.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.59m |
| Equity | -CA$27.11m |
| Total liabilities | CA$101.50m |
| Total assets | CA$74.39m |
Recent financial health updates
Does Northern Graphite (CVE:NGC) Have A Healthy Balance Sheet?
Jun 30
Is Northern Graphite (CVE:NGC) Using Too Much Debt?
Dec 22Is Northern Graphite (CVE:NGC) Using Debt Sensibly?
May 16Here's Why We're Not At All Concerned With Northern Graphite's (CVE:NGC) Cash Burn Situation
Sep 09Companies Like Northern Graphite (CVE:NGC) Can Afford To Invest In Growth
May 27Recent updates
Northern Graphite Corporation (CVE:NGC) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Sep 27Northern Graphite Corporation (CVE:NGC) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Aug 03Investors Aren't Buying Northern Graphite Corporation's (CVE:NGC) Revenues
Apr 10Northern Graphite Corporation's (CVE:NGC) Shares Bounce 45% But Its Business Still Trails The Industry
Oct 10Benign Growth For Northern Graphite Corporation (CVE:NGC) Underpins Stock's 26% Plummet
Aug 08Does Northern Graphite (CVE:NGC) Have A Healthy Balance Sheet?
Jun 30Little Excitement Around Northern Graphite Corporation's (CVE:NGC) Revenues As Shares Take 31% Pounding
May 02Some Confidence Is Lacking In Northern Graphite Corporation's (CVE:NGC) P/S
Feb 16Is Northern Graphite (CVE:NGC) Using Too Much Debt?
Dec 22Some Northern Graphite Corporation (CVE:NGC) Shareholders Look For Exit As Shares Take 25% Pounding
Oct 04Is Northern Graphite (CVE:NGC) Using Debt Sensibly?
May 16Here's Why We're Not At All Concerned With Northern Graphite's (CVE:NGC) Cash Burn Situation
Sep 09Companies Like Northern Graphite (CVE:NGC) Can Afford To Invest In Growth
May 27Financial Position Analysis
Short Term Liabilities: NGC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NGC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NGC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NGC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable NGC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NGC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/23 19:40 |
| End of Day Share Price | 2025/10/23 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Northern Graphite Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ahmad Shaath | Beacon Securities Limited |
| Matt Gowing | Research Capital Corporation |