Noble Mineral Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Noble Mineral Exploration has a total shareholder equity of CA$9.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.6M and CA$425.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.52m |
Equity | CA$9.20m |
Total liabilities | CA$425.49k |
Total assets | CA$9.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOB's short term assets (CA$4.6M) exceed its short term liabilities (CA$425.5K).
Long Term Liabilities: NOB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOB is debt free.
Reducing Debt: NOB 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: Insufficient data to determine if NOB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NOB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.