Nubian Resources Balance Sheet Health
Financial Health criteria checks 6/6
Nubian Resources has a total shareholder equity of CA$10.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.9M and CA$224.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.84m |
| Equity | CA$10.65m |
| Total liabilities | CA$224.57k |
| Total assets | CA$10.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NBRF.F's short term assets (CA$2.9M) exceed its short term liabilities (CA$224.6K).
Long Term Liabilities: NBRF.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NBRF.F is debt free.
Reducing Debt: NBRF.F has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.
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: NBRF.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NBRF.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.2% each year