N2OFF Balance Sheet Health
Financial Health criteria checks 5/6
N2OFF has a total shareholder equity of $5.9M and total debt of $1.2M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $7.5M and $1.6M respectively.
Key information
20.4%
Debt to equity ratio
US$1.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.47m |
| Equity | US$5.89m |
| Total liabilities | US$1.59m |
| Total assets | US$7.48m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NITO's short term assets ($5.5M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: NITO's short term assets ($5.5M) exceed its long term liabilities ($3.3K).
Debt to Equity History and Analysis
Debt Level: NITO has more cash than its total debt.
Reducing Debt: NITO's debt to equity ratio has increased from 11.7% to 20.4% 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: NITO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NITO has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 29.5% each year.