NextNav Balance Sheet Health
Financial Health criteria checks 5/6
NextNav has a total shareholder equity of $57.3M and total debt of $49.9M, which brings its debt-to-equity ratio to 87.1%. Its total assets and total liabilities are $165.6M and $108.4M respectively.
Key information
87.1%
Debt to equity ratio
US$49.89m
Debt
Interest coverage ratio | n/a |
Cash | US$79.24m |
Equity | US$57.27m |
Total liabilities | US$108.36m |
Total assets | US$165.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KK0's short term assets ($96.8M) exceed its short term liabilities ($24.1M).
Long Term Liabilities: KK0's short term assets ($96.8M) exceed its long term liabilities ($84.2M).
Debt to Equity History and Analysis
Debt Level: KK0 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KK0's debt to equity ratio has reduced 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: KK0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KK0 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 7.9% each year.