Nuformix Balance Sheet Health

Financial Health criteria checks 6/6

Nuformix has a total shareholder equity of £4.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.4M and £252.7K respectively.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ration/a
CashUK£183.52k
EquityUK£4.10m
Total liabilitiesUK£252.72k
Total assetsUK£4.35m

Recent financial health updates

No updates

Recent updates

Did Nuformix plc (LON:NFX) Insiders Sell Shares?

Jan 01
Did Nuformix plc (LON:NFX) Insiders Sell Shares?

Financial Position Analysis

Short Term Liabilities: NFX's short term assets (£282.0K) exceed its short term liabilities (£252.7K).

Long Term Liabilities: NFX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NFX is debt free.

Reducing Debt: NFX has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.


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: NFX has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NFX is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.


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