Netcapital Balance Sheet Health
Financial Health criteria checks 3/6
Netcapital has a total shareholder equity of $40.3M and total debt of $2.4M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are $44.1M and $3.8M respectively.
Key information
6.0%
Debt to equity ratio
US$2.44m
Debt
Interest coverage ratio | n/a |
Cash | US$2.17m |
Equity | US$40.30m |
Total liabilities | US$3.83m |
Total assets | US$44.14m |
Financial Position Analysis
Short Term Liabilities: NCPL's short term assets ($6.1M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: NCPL's short term assets ($6.1M) exceed its long term liabilities ($500.0K).
Debt to Equity History and Analysis
Debt Level: NCPL's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NCPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NCPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NCPL's interest payments on its debt are well covered by EBIT.