Nubian Resources Balance Sheet Health

Financial Health criteria checks 6/6

Nubian Resources has a total shareholder equity of CA$10.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.9M and CA$224.6K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$2.84m
EquityCA$10.65m
Total liabilitiesCA$224.57k
Total assetsCA$10.88m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IVHN's short term assets (CA$2.9M) exceed its short term liabilities (CA$224.6K).

Long Term Liabilities: IVHN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: IVHN is debt free.

Reducing Debt: IVHN has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.


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: IVHN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: IVHN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.2% each year


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