NIP Group Balance Sheet Health
Financial Health criteria checks 4/6
NIP Group has a total shareholder equity of $252.7M and total debt of $9.4M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are $313.8M and $61.1M respectively.
Key information
3.7%
Debt to equity ratio
US$9.41m
Debt
Interest coverage ratio | n/a |
Cash | US$8.13m |
Equity | US$252.74m |
Total liabilities | US$61.10m |
Total assets | US$313.84m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NIPG's short term assets ($29.4M) exceed its short term liabilities ($28.8M).
Long Term Liabilities: NIPG's short term assets ($29.4M) do not cover its long term liabilities ($32.3M).
Debt to Equity History and Analysis
Debt Level: NIPG's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NIPG's debt to equity ratio has reduced over the past 5 years.
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: NIPG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NIPG has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 46.7% each year.