Nanophase Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Nanophase Technologies has a total shareholder equity of $15.2M and total debt of $6.2M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are $48.0M and $32.9M respectively. Nanophase Technologies's EBIT is $3.5M making its interest coverage ratio 4.4. It has cash and short-term investments of $2.9M.
Key information
40.9%
Debt to equity ratio
US$6.20m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$2.93m |
| Equity | US$15.17m |
| Total liabilities | US$32.88m |
| Total assets | US$48.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NANX's short term assets ($29.8M) exceed its short term liabilities ($23.3M).
Long Term Liabilities: NANX's short term assets ($29.8M) exceed its long term liabilities ($9.6M).
Debt to Equity History and Analysis
Debt Level: NANX's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: NANX's debt to equity ratio has reduced from 170.6% to 40.9% over the past 5 years.
Debt Coverage: NANX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NANX's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:05 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Nanophase Technologies Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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