Nxu Balance Sheet Health
Financial Health criteria checks 3/6
Nxu has a total shareholder equity of $6.7M and total debt of $10.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $13.3M and $6.6M respectively.
Key information
0.2%
Debt to equity ratio
US$10.00k
Debt
Interest coverage ratio | n/a |
Cash | US$2.85m |
Equity | US$6.66m |
Total liabilities | US$6.60m |
Total assets | US$13.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXU's short term assets ($4.1M) do not cover its short term liabilities ($5.6M).
Long Term Liabilities: NXU's short term assets ($4.1M) exceed its long term liabilities ($986.0K).
Debt to Equity History and Analysis
Debt Level: NXU has more cash than its total debt.
Reducing Debt: NXU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: NXU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.9% each year