NuEnergy Gas Balance Sheet Health
Financial Health criteria checks 2/6
NuEnergy Gas has a total shareholder equity of A$27.2M and total debt of A$4.1M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are A$42.7M and A$15.5M respectively.
Key information
15.3%
Debt to equity ratio
AU$4.15m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.13m |
Equity | AU$27.17m |
Total liabilities | AU$15.52m |
Total assets | AU$42.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUB's short term assets (A$4.2M) do not cover its short term liabilities (A$15.5M).
Long Term Liabilities: NUB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NUB's net debt to equity ratio (0.05%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NUB'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: Insufficient data to determine if NUB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NUB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.