Nouveau Monde Graphite Balance Sheet Health
Financial Health criteria checks 4/6
Nouveau Monde Graphite has a total shareholder equity of CA$54.4M and total debt of CA$55.4M, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are CA$123.9M and CA$69.5M respectively.
Key information
101.7%
Debt to equity ratio
CA$55.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$36.33m |
| Equity | CA$54.43m |
| Total liabilities | CA$69.51m |
| Total assets | CA$123.94m |
Recent financial health updates
Here's Why Nouveau Monde Graphite (CVE:NOU) Can Afford Some Debt
Jan 20
Is 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 30Recent updates
Here'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$42.9M) exceed its short term liabilities (CA$12.0M).
Long Term Liabilities: NOU's short term assets (CA$42.9M) do not cover its long term liabilities (CA$57.5M).
Debt to Equity History and Analysis
Debt Level: NOU's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: NOU's debt to equity ratio has increased from 14% to 101.7% 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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NOU is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.