NowVertical Group Balance Sheet Health
Financial Health criteria checks 0/6
NowVertical Group has a total shareholder equity of $2.0M and total debt of $19.8M, which brings its debt-to-equity ratio to 1002.7%. Its total assets and total liabilities are $48.8M and $46.8M respectively.
Key information
1,002.7%
Debt to equity ratio
US$19.85m
Debt
Interest coverage ratio | n/a |
Cash | US$4.75m |
Equity | US$1.98m |
Total liabilities | US$46.78m |
Total assets | US$48.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NOW's short term assets ($19.2M) do not cover its short term liabilities ($27.1M).
Long Term Liabilities: NOW's short term assets ($19.2M) do not cover its long term liabilities ($19.7M).
Debt to Equity History and Analysis
Debt Level: NOW's net debt to equity ratio (762.5%) is considered high.
Reducing Debt: Insufficient data to determine if NOW's debt to equity ratio has reduced 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: NOW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NOW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.