NextSource Materials Balance Sheet Health
Financial Health criteria checks 4/6
NextSource Materials has a total shareholder equity of $49.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $92.7M and $43.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.63m |
| Equity | US$49.10m |
| Total liabilities | US$43.59m |
| Total assets | US$92.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSRC.F's short term assets ($7.0M) do not cover its short term liabilities ($15.0M).
Long Term Liabilities: NSRC.F's short term assets ($7.0M) do not cover its long term liabilities ($28.6M).
Debt to Equity History and Analysis
Debt Level: NSRC.F is debt free.
Reducing Debt: NSRC.F had no debt 5 years ago.
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: NSRC.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NSRC.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.