Nickel 28 Capital Balance Sheet Health
Financial Health criteria checks 0/6
Nickel 28 Capital has a total shareholder equity of $95.4M and total debt of $49.0M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are $152.3M and $57.0M respectively.
Key information
51.4%
Debt to equity ratio
US$48.98m
Debt
Interest coverage ratio | n/a |
Cash | US$9.85m |
Equity | US$95.36m |
Total liabilities | US$56.97m |
Total assets | US$152.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKL's short term assets ($10.4M) do not cover its short term liabilities ($11.3M).
Long Term Liabilities: NKL's short term assets ($10.4M) do not cover its long term liabilities ($45.7M).
Debt to Equity History and Analysis
Debt Level: NKL's net debt to equity ratio (41%) is considered high.
Reducing Debt: NKL's debt to equity ratio has increased from 0% to 51.4% over the past 5 years.
Debt Coverage: NKL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NKL's interest payments on its debt are well covered by EBIT.