Nu Ride Balance Sheet Health
Financial Health criteria checks 4/6
Nu Ride has a total shareholder equity of $46.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $92.2M and $45.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$87.10m |
| Equity | US$46.30m |
| Total liabilities | US$45.87m |
| Total assets | US$92.17m |
Recent financial health updates
Recent updates
Lordstown: Anticipating More Capital Raising Through Debt
Oct 17Lordstown Motors: Getting In Before The Surge
Jul 28Lordstown Motors - Close Of Foxconn Transactions Helps Company To Avoid Bankruptcy - For Now
May 12Lordstown: Huge Potential In FY 2022
Apr 06Is Lordstown Motors Stock A Buy Or Sell In 2022?
Mar 18Lordstown Motors - Stock Craters After Foxconn Deal Hits Snag - Sell
Mar 04Why Lordstown Stock Might Fall Even Further
Dec 08Lordstown: Foxconn Deal Won't Save The Day
Oct 17Lordstown Motors Stock Forecast: The Outlook After Dropping Over 50% Since April
Oct 11Lordstown Motors - Plant Sale And Foxconn Investment Still Insufficient To Cover Capital Needs
Oct 04Lordstown Motors: This May Be The Perfect Time To Buy
Sep 09Lordstown Motors: Target Of A Smear Campaign
Aug 23Lordstown Motors - Lacking Both Capital And A Valid Business Model - Sell
Aug 13Lordstown Motors: Keep On eTruckin'
Jul 22Riding With Lordstown Motors: It's Quite A Ride
Jun 27Lordstown Motors slides as analysts warn disruption will dent bull case
Jun 14Lordstown Motors receives notice of filing delinquency from NASDAQ
Jun 07Lordstown Motors Corp. 2021 Q1 - Results - Earnings Call Presentation
May 25Lordstown: Don't Try To Catch This Falling Knife
May 07Lordstown Motors reportedly late on real estate tax payment
Apr 27Financial Position Analysis
Short Term Liabilities: NRDE's short term assets ($92.1M) exceed its short term liabilities ($45.9M).
Long Term Liabilities: NRDE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NRDE is debt free.
Reducing Debt: NRDE 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: NRDE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NRDE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.5% each year