N2OFF Balance Sheet Health
Financial Health criteria checks 4/6
N2OFF has a total shareholder equity of $5.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.8M and $518.8K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.75m |
| Equity | US$5.30m |
| Total liabilities | US$518.76k |
| Total assets | US$5.82m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NITO's short term assets ($3.4M) exceed its short term liabilities ($517.4K).
Long Term Liabilities: NITO's short term assets ($3.4M) exceed its long term liabilities ($1.3K).
Debt to Equity History and Analysis
Debt Level: NITO is debt free.
Reducing Debt: NITO currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: NITO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NITO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.2% each year