NRGene Technologies Ltd

TASE:NRGN Stock Report

Market Cap: ₪44.8m

NRGene Technologies Balance Sheet Health

Financial Health criteria checks 4/6

NRGene Technologies has a total shareholder equity of $5.4M and total debt of $656.0K, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are $8.4M and $3.0M respectively.

Key information

12.2%

Debt to equity ratio

US$656.00k

Debt

Interest coverage ration/a
CashUS$3.01m
EquityUS$5.38m
Total liabilitiesUS$3.03m
Total assetsUS$8.41m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NRGN's short term assets ($4.1M) exceed its short term liabilities ($2.4M).

Long Term Liabilities: NRGN's short term assets ($4.1M) exceed its long term liabilities ($580.0K).


Debt to Equity History and Analysis

Debt Level: NRGN has more cash than its total debt.

Reducing Debt: NRGN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: NRGN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NRGN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23% each year


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