Nuformix Balance Sheet Health
Financial Health criteria checks 6/6
Nuformix has a total shareholder equity of £4.2M 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 £223.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£202.55k |
Equity | UK£4.20m |
Total liabilities | UK£222.99k |
Total assets | UK£4.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFX's short term assets (£336.7K) exceed its short term liabilities (£223.0K).
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 0.9%.
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 7 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 5 months based on free cash flow estimates, but has since raised additional capital.