Nocera Balance Sheet Health
Financial Health criteria checks 2/6
Nocera has a total shareholder equity of $4.6M and total debt of $33.7K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are $7.1M and $2.4M respectively.
Key information
0.7%
Debt to equity ratio
US$33.70k
Debt
| Interest coverage ratio | n/a |
| Cash | US$372.48k |
| Equity | US$4.64m |
| Total liabilities | US$2.42m |
| Total assets | US$7.06m |
Recent financial health updates
Recent updates
It's Down 31% But Nocera, Inc. (NASDAQ:NCRA) Could Be Riskier Than It Looks
Nov 25
Further Upside For Nocera, Inc. (NASDAQ:NCRA) Shares Could Introduce Price Risks After 31% Bounce
Oct 11Not Many Are Piling Into Nocera, Inc. (NASDAQ:NCRA) Stock Yet As It Plummets 32%
Aug 09Sentiment Still Eluding Nocera, Inc. (NASDAQ:NCRA)
Jun 06Market Might Still Lack Some Conviction On Nocera, Inc. (NASDAQ:NCRA) Even After 33% Share Price Boost
Feb 15Nocera to acquire 51% interest in iTake for $200K plus 100k class A warrants
Sep 30Nocera acquires 80% interest In Meixin Institutional Food for $4.3M
Sep 08Nocera reports Q2 results
Aug 23Financial Position Analysis
Short Term Liabilities: NCRA's short term assets ($1.2M) do not cover its short term liabilities ($2.4M).
Long Term Liabilities: NCRA's short term assets ($1.2M) exceed its long term liabilities ($33.7K).
Debt to Equity History and Analysis
Debt Level: NCRA has more cash than its total debt.
Reducing Debt: NCRA's debt to equity ratio has increased from 0.6% to 0.7% over the past 5 years.
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: NCRA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCRA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.2% each year