NetSol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
NetSol Technologies has a total shareholder equity of $38.5M and total debt of $5.8M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are $57.5M and $18.9M respectively.
Key information
15.1%
Debt to equity ratio
US$5.81m
Debt
Interest coverage ratio | n/a |
Cash | US$15.66m |
Equity | US$38.54m |
Total liabilities | US$18.93m |
Total assets | US$57.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NS9B's short term assets ($40.1M) exceed its short term liabilities ($17.8M).
Long Term Liabilities: NS9B's short term assets ($40.1M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: NS9B has more cash than its total debt.
Reducing Debt: NS9B's debt to equity ratio has increased from 10.7% to 15.1% 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: NS9B has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NS9B has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 19.8% each year