NextNav Balance Sheet Health
Financial Health criteria checks 5/6
NextNav has a total shareholder equity of $63.8M and total debt of $51.4M, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are $172.3M and $108.5M respectively.
Key information
80.5%
Debt to equity ratio
US$51.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$86.33m |
| Equity | US$63.85m |
| Total liabilities | US$108.49m |
| Total assets | US$172.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KK0's short term assets ($104.2M) exceed its short term liabilities ($17.6M).
Long Term Liabilities: KK0's short term assets ($104.2M) exceed its long term liabilities ($90.9M).
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 1.8 years if free cash flow continues to reduce at historical rates of 7.2% each year.