NuZee Balance Sheet Health
Financial Health criteria checks 6/6
NuZee has a total shareholder equity of $1.7M and total debt of $4.8K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $4.4M and $2.8M respectively.
Key information
0.3%
Debt to equity ratio
US$4.75k
Debt
Interest coverage ratio | n/a |
Cash | US$1.37m |
Equity | US$1.67m |
Total liabilities | US$2.77m |
Total assets | US$4.44m |
Financial Position Analysis
Short Term Liabilities: NUZE's short term assets ($3.4M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: NUZE's short term assets ($3.4M) exceed its long term liabilities ($210.2K).
Debt to Equity History and Analysis
Debt Level: NUZE has more cash than its total debt.
Reducing Debt: NUZE's debt to equity ratio has reduced from 5.5% to 0.3% 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: NUZE has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NUZE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.