Nouveau Monde Graphite Balance Sheet Health
Financial Health criteria checks 3/6
Nouveau Monde Graphite has a total shareholder equity of CA$109.5M and total debt of CA$15.9M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CA$147.9M and CA$38.5M respectively.
Key information
14.5%
Debt to equity ratio
CA$15.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$56.50m |
| Equity | CA$109.47m |
| Total liabilities | CA$38.47m |
| Total assets | CA$147.94m |
Recent financial health updates
Health Check: How Prudently Does Nouveau Monde Graphite (CVE:NOU) Use Debt?
Oct 25
Is Nouveau Monde Graphite (CVE:NOU) Using Too Much Debt?
Jun 18Here's Why Nouveau Monde Graphite (CVE:NOU) Can Afford Some Debt
Jan 20Is Nouveau Monde Graphite (CVE:NOU) A Risky Investment?
Sep 22Is Nouveau Monde Graphite (CVE:NOU) A Risky Investment?
Jun 05Is Nouveau Monde Graphite (CVE:NOU) Using Too Much Debt?
Aug 18Recent updates
Health Check: How Prudently Does Nouveau Monde Graphite (CVE:NOU) Use Debt?
Oct 25Is Nouveau Monde Graphite (CVE:NOU) Using Too Much Debt?
Jun 18Here's Why Nouveau Monde Graphite (CVE:NOU) Can Afford Some Debt
Jan 20Is Nouveau Monde Graphite (CVE:NOU) A Risky Investment?
Sep 22Is Nouveau Monde Graphite (CVE:NOU) A Risky Investment?
Jun 05Is Nouveau Monde Graphite (CVE:NOU) Using Too Much Debt?
Aug 18Health Check: How Prudently Does Nouveau Monde Graphite (CVE:NOU) Use Debt?
Nov 30Charles-Armand Turpin of Nouveau Monde Graphite Inc. (CVE:NOU) Just Spent CA$1.0m On Shares
Jan 23
Could The Nouveau Monde Graphite Inc. (CVE:NOU) Ownership Structure Tell Us Something Useful?
Nov 30Financial Position Analysis
Short Term Liabilities: NOU's short term assets (CA$61.5M) exceed its short term liabilities (CA$35.3M).
Long Term Liabilities: NOU's short term assets (CA$61.5M) exceed its long term liabilities (CA$3.2M).
Debt to Equity History and Analysis
Debt Level: NOU has more cash than its total debt.
Reducing Debt: NOU's debt to equity ratio has increased from 11.4% to 14.5% 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: NOU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NOU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.7% each year