Northern Graphite Balance Sheet Health
Financial Health criteria checks 1/6
Northern Graphite has a total shareholder equity of CA$15.8M and total debt of CA$19.3M, which brings its debt-to-equity ratio to 122.3%. Its total assets and total liabilities are CA$91.2M and CA$75.4M respectively.
Key information
122.3%
Debt to equity ratio
CA$19.31m
Debt
Interest coverage ratio | n/a |
Cash | CA$3.75m |
Equity | CA$15.79m |
Total liabilities | CA$75.44m |
Total assets | CA$91.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NG's short term assets (CA$24.9M) exceed its short term liabilities (CA$14.8M).
Long Term Liabilities: 0NG's short term assets (CA$24.9M) do not cover its long term liabilities (CA$60.6M).
Debt to Equity History and Analysis
Debt Level: 0NG's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: 0NG's debt to equity ratio has increased from 0% to 122.3% 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: 0NG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0NG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51.3% each year