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Northern Lights Acquisition Balance Sheet Health
Financial Health criteria checks 4/6
Key information
n/a
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$172.44k |
| Equity | US$30.22m |
| Total liabilities | US$88.81m |
| Total assets | US$119.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NLIT's short term assets ($377.4K) do not cover its short term liabilities ($2.2M).
Long Term Liabilities: NLIT's short term assets ($377.4K) do not cover its long term liabilities ($86.6M).
Debt to Equity History and Analysis
Debt Level: NLIT is debt free.
Reducing Debt: NLIT has not had any debt for past 5 years.
Debt Coverage: NLIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NLIT has no debt, therefore coverage of interest payments is not a concern.