Narf Industries Balance Sheet Health
Financial Health criteria checks 4/6
Narf Industries has a total shareholder equity of $1.4M and total debt of $1.3M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are $3.7M and $2.3M respectively.
Key information
94.0%
Debt to equity ratio
US$1.28m
Debt
Interest coverage ratio | n/a |
Cash | US$268.74k |
Equity | US$1.36m |
Total liabilities | US$2.30m |
Total assets | US$3.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NARF's short term assets ($1.5M) exceed its short term liabilities ($1.0M).
Long Term Liabilities: NARF's short term assets ($1.5M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: NARF's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: Insufficient data to determine if NARF'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: Whilst unprofitable NARF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NARF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.9% per year.