Next Science Balance Sheet Health
Financial Health criteria checks 4/6
Next Science has a total shareholder equity of $7.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.8M and $4.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.61m |
| Equity | US$7.07m |
| Total liabilities | US$4.76m |
| Total assets | US$11.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXSC.F's short term assets ($8.2M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: NXSC.F's short term assets ($8.2M) exceed its long term liabilities ($987.7K).
Debt to Equity History and Analysis
Debt Level: NXSC.F is debt free.
Reducing Debt: NXSC.F 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: NXSC.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXSC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.6% each year