This company is no longer active
NewAge Balance Sheet Health
Financial Health criteria checks 4/6
Key information
7.9%
Debt to equity ratio
US$17.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.83m |
| Equity | US$222.11m |
| Total liabilities | US$183.54m |
| Total assets | US$405.65m |
Recent financial health updates
Recent updates
NewAge files for chapter 11 bankruptcy
Aug 30NewAge receives Nasdaq notice for non-compliance
Aug 18New Age: 4 Catalysts That We Like Including A Valuation That Is Too Cheap To Ignore
Jul 05Is NewAge (NASDAQ:NBEV) Using Debt Sensibly?
Jan 01
Health Check: How Prudently Does NewAge (NASDAQ:NBEV) Use Debt?
Sep 15NewAge updates on strong growth for Europe business
Apr 30The NewAge (NASDAQ:NBEV) Share Price Is Up 880% And Shareholders Are Delighted
Mar 02Party Time: Brokers Just Made Major Increases To Their NewAge, Inc. (NASDAQ:NBEV) Earnings Forecasts
Dec 11NewAge secures new $30M debt facility, shares slide ~4% premarket
Dec 01NewAge brings in ARIIX to bolster DTC business
Nov 16NewAge Was Hot Before Recent Cannabis Resurgence - Will Remain Hot
Nov 13NewAge EPS misses by $0.08, misses on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: NBEV.Q's short term assets ($138.6M) exceed its short term liabilities ($97.8M).
Long Term Liabilities: NBEV.Q's short term assets ($138.6M) exceed its long term liabilities ($85.7M).
Debt to Equity History and Analysis
Debt Level: NBEV.Q has more cash than its total debt.
Reducing Debt: NBEV.Q's debt to equity ratio has reduced from 230.7% to 7.9% 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: Insufficient data to determine if NBEV.Q has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NBEV.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.