NerdWallet Balance Sheet Health
Financial Health criteria checks 6/6
NerdWallet has a total shareholder equity of $378.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $446.1M and $67.4M respectively. NerdWallet's EBIT is $9.6M making its interest coverage ratio -3. It has cash and short-term investments of $110.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3x |
| Cash | US$110.90m |
| Equity | US$378.70m |
| Total liabilities | US$67.40m |
| Total assets | US$446.10m |
Recent financial health updates
Recent updates
NerdWallet: Mismatch Between Valuations And Growth Prospects
Apr 07NerdWallet, Inc.'s (NASDAQ:NRDS) Business Is Yet to Catch Up With Its Share Price
Feb 13
NerdWallet: Growth To Continue In 2024
Jan 19NerdWallet, Inc. (NASDAQ:NRDS) Investors Are Less Pessimistic Than Expected
Oct 28NerdWallet: Challenging Times
Sep 05NerdWallet chief marketing officer Kelly Gillease resigns
Jul 13Are Investors Undervaluing NerdWallet, Inc. (NASDAQ:NRDS) By 46%?
Jun 01The NerdWallet, Inc. (NASDAQ:NRDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts
May 05NerdWallet: Uncertainty 1 Quarter After The IPO
Apr 15Companies Like NerdWallet (NASDAQ:NRDS) Can Afford To Invest In Growth
Apr 05NerdWallet: Attractive If Growth Continues, But Not Great For Value Investors
Mar 28Calculating The Intrinsic Value Of NerdWallet, Inc. (NASDAQ:NRDS)
Feb 04Financial Position Analysis
Short Term Liabilities: NRDS's short term assets ($224.2M) exceed its short term liabilities ($53.8M).
Long Term Liabilities: NRDS's short term assets ($224.2M) exceed its long term liabilities ($13.6M).
Debt to Equity History and Analysis
Debt Level: NRDS is debt free.
Reducing Debt: NRDS had no debt 5 years ago.
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: Whilst unprofitable NRDS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NRDS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59% per year.