NewGenIvf Group Balance Sheet Health
Financial Health criteria checks 6/6
NewGenIvf Group has a total shareholder equity of $406.0K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6M and $1.2M respectively. NewGenIvf Group's EBIT is $42.2K making its interest coverage ratio 0.9. It has cash and short-term investments of $177.1K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$177.11k |
| Equity | US$406.03k |
| Total liabilities | US$1.24m |
| Total assets | US$1.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIVF's short term assets ($1.2M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: NIVF's short term assets ($1.2M) exceed its long term liabilities ($119.0K).
Debt to Equity History and Analysis
Debt Level: NIVF is debt free.
Reducing Debt: NIVF had no debt 5 years ago.
Debt Coverage: NIVF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NIVF has no debt, therefore coverage of interest payments is not a concern.