Nuvve Holding Balance Sheet Health
Financial Health criteria checks 4/6
Nuvve Holding has a total shareholder equity of $3.0M and total debt of $2.5M, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are $18.3M and $15.3M respectively.
Key information
83.3%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$325.25k |
| Equity | US$3.00m |
| Total liabilities | US$15.33m |
| Total assets | US$18.34m |
Recent financial health updates
Recent updates
Here's Why We're A Bit Worried About Nuvve Holding's (NASDAQ:NVVE) Cash Burn Situation
Jan 10
Nuvve stock drops on pricing $14M securities offering
Jul 27Nuvve Holding Corp.: More Sizzle Than Steak To This Point
Apr 15Nuvve: An Undervalued And Misunderstood EV Software Company
Sep 14Nuvve Holding: An Undervalued EV Play
Jul 28Financial Position Analysis
Short Term Liabilities: NVVE's short term assets ($10.4M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: NVVE's short term assets ($10.4M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: NVVE's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: NVVE's debt to equity ratio has increased from 5.9% to 83.3% 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: NVVE has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NVVE is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.