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NewAge Balance Sheet Health
Financial Health criteria checks 4/6
Key information
7.9%
Debt to equity ratio
US$17.64m
Debt
Interest coverage ratio | n/a |
Cash | US$46.83m |
Equity | US$222.11m |
Total liabilities | US$183.54m |
Total assets | US$405.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N1K's short term assets ($138.6M) exceed its short term liabilities ($97.8M).
Long Term Liabilities: N1K's short term assets ($138.6M) exceed its long term liabilities ($85.7M).
Debt to Equity History and Analysis
Debt Level: N1K has more cash than its total debt.
Reducing Debt: N1K's debt to equity ratio has reduced from 231.3% to 7.9% 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 N1K has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if N1K has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.