Norden Crown Metals Balance Sheet Health
Financial Health criteria checks 2/6
Norden Crown Metals has a total shareholder equity of CA$2.6M and total debt of CA$674.3K, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are CA$4.4M and CA$1.8M respectively.
Key information
25.9%
Debt to equity ratio
CA$674.26k
Debt
Interest coverage ratio | n/a |
Cash | CA$113.96k |
Equity | CA$2.61m |
Total liabilities | CA$1.79m |
Total assets | CA$4.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NOCR's short term assets (CA$133.8K) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: NOCR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NOCR's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: NOCR's debt to equity ratio has increased from 0% to 25.9% over the past 5 years.
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: NOCR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOCR has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.5% each year.