No Gravity Games Balance Sheet Health
Financial Health criteria checks 6/6
No Gravity Games has a total shareholder equity of PLN2.4M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN4.3M and PLN2.0M respectively.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | n/a |
| Cash | zł223.56k |
| Equity | zł2.36m |
| Total liabilities | zł1.99m |
| Total assets | zł4.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGG's short term assets (PLN4.2M) exceed its short term liabilities (PLN1.2M).
Long Term Liabilities: NGG's short term assets (PLN4.2M) exceed its long term liabilities (PLN820.8K).
Debt to Equity History and Analysis
Debt Level: NGG is debt free.
Reducing Debt: NGG has no debt compared to 5 years ago when its debt to equity ratio was 13.1%.
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: NGG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NGG has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 29.6% each year.