Nouveau Monde Graphite Balance Sheet Health
Financial Health criteria checks 3/6
Nouveau Monde Graphite has a total shareholder equity of CA$109.5M and total debt of CA$15.9M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CA$147.9M and CA$38.5M respectively.
Key information
14.5%
Debt to equity ratio
CA$15.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$56.50m |
| Equity | CA$109.47m |
| Total liabilities | CA$38.47m |
| Total assets | CA$147.94m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NMG's short term assets (CA$61.5M) exceed its short term liabilities (CA$35.3M).
Long Term Liabilities: NMG's short term assets (CA$61.5M) exceed its long term liabilities (CA$3.2M).
Debt to Equity History and Analysis
Debt Level: NMG has more cash than its total debt.
Reducing Debt: NMG's debt to equity ratio has increased from 11.4% to 14.5% 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: NMG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.7% each year