Netcapital Balance Sheet Health
Financial Health criteria checks 2/6
Netcapital has a total shareholder equity of $37.5M and total debt of $2.4M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are $41.4M and $3.9M respectively.
Key information
6.5%
Debt to equity ratio
US$2.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$855.18k |
| Equity | US$37.51m |
| Total liabilities | US$3.93m |
| Total assets | US$41.44m |
Financial Position Analysis
Short Term Liabilities: NCPL's short term assets ($924.9K) do not cover its short term liabilities ($3.4M).
Long Term Liabilities: NCPL's short term assets ($924.9K) exceed its long term liabilities ($500.0K).
Debt to Equity History and Analysis
Debt Level: NCPL's net debt to equity ratio (4.2%) 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.