Northgold Balance Sheet Health
Financial Health criteria checks 2/6
Northgold has a total shareholder equity of SEK51.4M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK60.7M and SEK9.2M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 754.00k |
| Equity | SEK 51.43m |
| Total liabilities | SEK 9.25m |
| Total assets | SEK 60.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NG's short term assets (SEK1.1M) do not cover its short term liabilities (SEK3.9M).
Long Term Liabilities: NG's short term assets (SEK1.1M) do not cover its long term liabilities (SEK5.3M).
Debt to Equity History and Analysis
Debt Level: NG is debt free.
Reducing Debt: NG 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: NG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.3% each year