NTG Clarity Networks Balance Sheet Health
Financial Health criteria checks 5/6
NTG Clarity Networks has a total shareholder equity of CA$9.2M and total debt of CA$8.3M, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are CA$27.4M and CA$18.1M respectively. NTG Clarity Networks's EBIT is CA$5.9M making its interest coverage ratio 15.9. It has cash and short-term investments of CA$5.4M.
Key information
89.4%
Debt to equity ratio
CA$8.25m
Debt
| Interest coverage ratio | 15.9x |
| Cash | CA$5.35m |
| Equity | CA$9.23m |
| Total liabilities | CA$18.15m |
| Total assets | CA$27.38m |
Recent financial health updates
Recent updates
The Market Lifts NTG Clarity Networks Inc. (CVE:NCI) Shares 28% But It Can Do More
Dec 04
NTG Clarity Networks Inc. (CVE:NCI) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Sep 29Here's Why We Think NTG Clarity Networks (CVE:NCI) Might Deserve Your Attention Today
Sep 09NTG Clarity Networks' (CVE:NCI) Earnings Might Be Weaker Than You Think
Aug 05The Market Lifts NTG Clarity Networks Inc. (CVE:NCI) Shares 44% But It Can Do More
Aug 01We Think NTG Clarity Networks (CVE:NCI) Can Stay On Top Of Its Debt
Jul 31NTG Clarity Networks Inc.'s (CVE:NCI) Shares Bounce 47% But Its Business Still Trails The Market
May 31Here's Why We Think NTG Clarity Networks (CVE:NCI) Might Deserve Your Attention Today
May 21NTG Clarity Networks Inc. (CVE:NCI) Stock Catapults 33% Though Its Price And Business Still Lag The Market
Mar 18Calculating The Fair Value Of NTG Clarity Networks Inc. (CVE:NCI)
May 31Financial Position Analysis
Short Term Liabilities: NCI's short term assets (CA$21.7M) exceed its short term liabilities (CA$12.0M).
Long Term Liabilities: NCI's short term assets (CA$21.7M) exceed its long term liabilities (CA$6.2M).
Debt to Equity History and Analysis
Debt Level: NCI's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: NCI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: NCI's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: NCI's interest payments on its debt are well covered by EBIT (15.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NTG Clarity Networks Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ralph Garcea | Global Maxfin Capital |