Nickelex Resource Balance Sheet Health
Financial Health criteria checks 3/6
Nickelex Resource has a total shareholder equity of CA$172.7K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.5M and CA$1.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.13k |
| Equity | CA$172.71k |
| Total liabilities | CA$1.30m |
| Total assets | CA$1.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NKLX.F's short term assets (CA$10.3K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: NKLX.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NKLX.F is debt free.
Reducing Debt: NKLX.F has no debt compared to 5 years ago when its debt to equity ratio was 18.6%.
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: NKLX.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NKLX.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.9% each year.