NeoTerrex Minerals Balance Sheet Health
Financial Health criteria checks 6/6
NeoTerrex Minerals has a total shareholder equity of CA$4.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.3M and CA$601.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.75m |
| Equity | CA$4.72m |
| Total liabilities | CA$601.92k |
| Total assets | CA$5.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTX's short term assets (CA$5.3M) exceed its short term liabilities (CA$601.9K).
Long Term Liabilities: NTX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NTX is debt free.
Reducing Debt: NTX has not had any debt for 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: NTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NTX has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 5.9% each year.