Neptune Digital Assets Balance Sheet Health
Financial Health criteria checks 6/6
Neptune Digital Assets has a total shareholder equity of CA$51.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$51.6M and CA$204.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.33m |
| Equity | CA$51.38m |
| Total liabilities | CA$204.78k |
| Total assets | CA$51.58m |
Recent financial health updates
We're Hopeful That Neptune Digital Assets (CVE:NDA) Will Use Its Cash Wisely
May 21
Here's Why We're Not At All Concerned With Neptune Digital Assets' (CVE:NDA) Cash Burn Situation
Nov 07We Think Neptune Digital Assets (CVE:NDA) Can Easily Afford To Drive Business Growth
Jul 21Neptune Digital Assets (CVE:NDA) Is In A Good Position To Deliver On Growth Plans
Apr 06Here's Why We're Not Too Worried About Neptune Digital Assets' (CVE:NDA) Cash Burn Situation
Jan 11Is Neptune Digital Assets (CVE:DASH) In A Good Position To Deliver On Growth Plans?
Dec 23Recent updates
We're Hopeful That Neptune Digital Assets (CVE:NDA) Will Use Its Cash Wisely
May 21Here's Why We're Not At All Concerned With Neptune Digital Assets' (CVE:NDA) Cash Burn Situation
Nov 07We Think Neptune Digital Assets (CVE:NDA) Can Easily Afford To Drive Business Growth
Jul 21Neptune Digital Assets (CVE:NDA) Is In A Good Position To Deliver On Growth Plans
Apr 06Here's Why We're Not Too Worried About Neptune Digital Assets' (CVE:NDA) Cash Burn Situation
Jan 11Shareholders In Neptune Digital Assets (CVE:NDA) Should Look Beyond Earnings For The Full Story
Mar 26Is Neptune Digital Assets (CVE:DASH) In A Good Position To Deliver On Growth Plans?
Dec 23Financial Position Analysis
Short Term Liabilities: NDA's short term assets (CA$13.9M) exceed its short term liabilities (CA$204.8K).
Long Term Liabilities: NDA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NDA is debt free.
Reducing Debt: NDA has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
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: NDA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NDA has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 52.5% each year.