NextFerm Technologies Balance Sheet Health
Financial Health criteria checks 3/6
NextFerm Technologies has a total shareholder equity of $4.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.1M and $3.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.28m |
| Equity | US$4.33m |
| Total liabilities | US$3.75m |
| Total assets | US$8.07m |
Financial Position Analysis
Short Term Liabilities: NXFR's short term assets ($2.1M) do not cover its short term liabilities ($3.4M).
Long Term Liabilities: NXFR's short term assets ($2.1M) exceed its long term liabilities ($335.0K).
Debt to Equity History and Analysis
Debt Level: NXFR is debt free.
Reducing Debt: NXFR currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: NXFR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXFR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.4% each year