Noble Mineral Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Noble Mineral Exploration has a total shareholder equity of CA$11.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.2M and CA$1.1M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$6.34m |
Equity | CA$11.04m |
Total liabilities | CA$1.12m |
Total assets | CA$12.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLPX.F's short term assets (CA$6.4M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: NLPX.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NLPX.F is debt free.
Reducing Debt: NLPX.F had no debt 5 years ago.
Debt Coverage: NLPX.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NLPX.F has no debt, therefore coverage of interest payments is not a concern.