N2OFF Balance Sheet Health
Financial Health criteria checks 6/6
N2OFF has a total shareholder equity of $6.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.2M and $785.7K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.45m |
| Equity | US$6.46m |
| Total liabilities | US$785.65k |
| Total assets | US$7.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NITO's short term assets ($5.5M) exceed its short term liabilities ($778.5K).
Long Term Liabilities: NITO's short term assets ($5.5M) exceed its long term liabilities ($7.2K).
Debt to Equity History and Analysis
Debt Level: NITO is debt free.
Reducing Debt: NITO has no debt compared to 5 years ago when its debt to equity ratio was 28.9%.
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 1.2 years if free cash flow continues to reduce at historical rates of 34.7% each year.