Norsk Titanium Balance Sheet Health
Financial Health criteria checks 2/6
Norsk Titanium has a total shareholder equity of $-1.0M and total debt of $8.7M, which brings its debt-to-equity ratio to -849.3%. Its total assets and total liabilities are $16.8M and $17.8M respectively.
Key information
-849.3%
Debt to equity ratio
US$8.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.77m |
| Equity | -US$1.02m |
| Total liabilities | US$17.80m |
| Total assets | US$16.77m |
Recent financial health updates
Can Norsk Titanium (OB:NTI) Afford To Invest In Growth?
Jan 10
Here's Why We're A Bit Worried About Norsk Titanium's (OB:NTI) Cash Burn Situation
Sep 07Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
Apr 29Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
Jan 12We're Keeping An Eye On Norsk Titanium's (OB:NTI) Cash Burn Rate
Sep 21Recent updates
Can Norsk Titanium (OB:NTI) Afford To Invest In Growth?
Jan 10Here's Why We're A Bit Worried About Norsk Titanium's (OB:NTI) Cash Burn Situation
Sep 07Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
Apr 29Will Norsk Titanium (OB:NTI) Spend Its Cash Wisely?
Jan 12We're Keeping An Eye On Norsk Titanium's (OB:NTI) Cash Burn Rate
Sep 21Financial Position Analysis
Short Term Liabilities: NTI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NTI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NTI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NTI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NTI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NTI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.