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Norwest Energy Balance Sheet Health
Financial Health criteria checks 6/6
Norwest Energy has a total shareholder equity of A$26.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$30.5M and A$3.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$20.50m |
Equity | AU$26.73m |
Total liabilities | AU$3.74m |
Total assets | AU$30.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUX's short term assets (A$20.5M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: NUX's short term assets (A$20.5M) exceed its long term liabilities (A$170.7K).
Debt to Equity History and Analysis
Debt Level: NUX is debt free.
Reducing Debt: NUX had no debt 5 years ago.
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: NUX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NUX has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 35.3% each year.