NiHAO Mineral Resources International Balance Sheet Health
Financial Health criteria checks 6/6
NiHAO Mineral Resources International has a total shareholder equity of ₱272.2M and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱285.5M and ₱13.3M respectively.
Key information
0%
Debt to equity ratio
₱0
Debt
Interest coverage ratio | n/a |
Cash | ₱83.79m |
Equity | ₱272.19m |
Total liabilities | ₱13.30m |
Total assets | ₱285.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NI's short term assets (₱83.8M) exceed its short term liabilities (₱13.3M).
Long Term Liabilities: NI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NI is debt free.
Reducing Debt: NI had no debt 5 years ago.
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: NI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 0.8% each year