Nocopi Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Nocopi Technologies has a total shareholder equity of $10.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $14.2M and $4.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$10.94m |
Equity | US$10.19m |
Total liabilities | US$3.99m |
Total assets | US$14.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNUP's short term assets ($12.7M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: NNUP's short term assets ($12.7M) exceed its long term liabilities ($99.9K).
Debt to Equity History and Analysis
Debt Level: NNUP is debt free.
Reducing Debt: NNUP has no debt compared to 5 years ago when its debt to equity ratio was 4%.
Debt Coverage: NNUP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NNUP has no debt, therefore coverage of interest payments is not a concern.