NiHAO Mineral Resources International Balance Sheet Health
Financial Health criteria checks 6/6
NiHAO Mineral Resources International has a total shareholder equity of ₱271.0M and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱278.4M and ₱7.4M respectively.
Key information
0%
Debt to equity ratio
₱0
Debt
| Interest coverage ratio | n/a |
| Cash | ₱76.27m |
| Equity | ₱270.98m |
| Total liabilities | ₱7.38m |
| Total assets | ₱278.36m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NI's short term assets (₱76.3M) exceed its short term liabilities (₱7.4M).
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 14.5% each year