Nouveau Monde Graphite Balance Sheet Health
Financial Health criteria checks 5/6
Nouveau Monde Graphite has a total shareholder equity of CA$83.4M and total debt of CA$58.1M, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are CA$175.8M and CA$92.5M respectively.
Key information
69.6%
Debt to equity ratio
CA$58.07m
Debt
Interest coverage ratio | n/a |
Cash | CA$88.03m |
Equity | CA$83.37m |
Total liabilities | CA$92.47m |
Total assets | CA$175.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NM9A's short term assets (CA$94.9M) exceed its short term liabilities (CA$89.1M).
Long Term Liabilities: NM9A's short term assets (CA$94.9M) exceed its long term liabilities (CA$3.4M).
Debt to Equity History and Analysis
Debt Level: NM9A has more cash than its total debt.
Reducing Debt: NM9A's debt to equity ratio has increased from 14.8% to 69.6% 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: NM9A has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NM9A has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 27.7% each year.