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 ration/a
CashUS$1.37m
EquityUS$1.67m
Total liabilitiesUS$2.77m
Total assetsUS$4.44m

Recent financial health updates

Recent updates

Estimating The Fair Value Of NuZee, Inc. (NASDAQ:NUZE)

Aug 13
Estimating The Fair Value Of NuZee, Inc. (NASDAQ:NUZE)

NuZee stock gains ~39% on pricing $3.4M stock offering

Aug 08

NuZee appoints Tomoko Toyota as chief marketing officer

May 03

How Much Of NuZee, Inc. (NASDAQ:NUZE) Do Insiders Own?

Jan 01
How Much Of NuZee, Inc. (NASDAQ:NUZE) Do Insiders Own?

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.


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