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Nevada Copper Balance Sheet Health

Financial Health criteria checks 0/6

Nevada Copper has a total shareholder equity of $233.6M and total debt of $255.5M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are $726.7M and $493.1M respectively.

Key information

109.4%

Debt to equity ratio

US$255.47m

Debt

Interest coverage ration/a
CashUS$287.00k
EquityUS$233.60m
Total liabilitiesUS$493.07m
Total assetsUS$726.67m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ZYTA's short term assets ($17.7M) do not cover its short term liabilities ($133.0M).

Long Term Liabilities: ZYTA's short term assets ($17.7M) do not cover its long term liabilities ($360.0M).


Debt to Equity History and Analysis

Debt Level: ZYTA's net debt to equity ratio (109.2%) is considered high.

Reducing Debt: ZYTA's debt to equity ratio has increased from 31.6% to 109.4% 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: ZYTA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ZYTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.5% each year


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