NewHydrogen Balance Sheet Health
Financial Health criteria checks 6/6
NewHydrogen has a total shareholder equity of $3.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.7M and $9.8K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$3.68m |
Equity | US$3.70m |
Total liabilities | US$9.81k |
Total assets | US$3.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEWH's short term assets ($3.7M) exceed its short term liabilities ($9.8K).
Long Term Liabilities: NEWH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NEWH is debt free.
Reducing Debt: NEWH currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: NEWH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NEWH has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 1.1% each year.