Nordicus Partners Balance Sheet Health
Financial Health criteria checks 2/6
Nordicus Partners has a total shareholder equity of $1.7M and total debt of $25.5K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $1.8M and $63.0K respectively.
Key information
1.5%
Debt to equity ratio
US$25.52k
Debt
Interest coverage ratio | n/a |
Cash | US$38.79k |
Equity | US$1.73m |
Total liabilities | US$62.97k |
Total assets | US$1.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NORD's short term assets ($38.8K) do not cover its short term liabilities ($63.0K).
Long Term Liabilities: NORD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NORD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NORD'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: NORD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NORD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.9% each year