Nouveau Monde Graphite Balance Sheet Health
Financial Health criteria checks 5/6
Nouveau Monde Graphite has a total shareholder equity of CA$114.9M and total debt of CA$15.8M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are CA$161.6M and CA$46.7M respectively.
Key information
13.7%
Debt to equity ratio
CA$15.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$73.88m |
| Equity | CA$114.86m |
| Total liabilities | CA$46.71m |
| Total assets | CA$161.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NMG's short term assets (CA$80.3M) exceed its short term liabilities (CA$43.4M).
Long Term Liabilities: NMG's short term assets (CA$80.3M) exceed its long term liabilities (CA$3.3M).
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 13.1% to 13.7% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NMG has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 24.7% each year.