Northann Balance Sheet Health
Financial Health criteria checks 1/6
Northann has a total shareholder equity of $1.4M and total debt of $5.4M, which brings its debt-to-equity ratio to 388.9%. Its total assets and total liabilities are $14.6M and $13.2M respectively.
Key information
388.9%
Debt to equity ratio
US$5.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$83.93k |
| Equity | US$1.39m |
| Total liabilities | US$13.17m |
| Total assets | US$14.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCL's short term assets ($6.0M) do not cover its short term liabilities ($11.5M).
Long Term Liabilities: NCL's short term assets ($6.0M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: NCL's net debt to equity ratio (382.9%) is considered high.
Reducing Debt: Insufficient data to determine if NCL's debt to equity ratio has reduced 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: NCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.6% each year