NIP Group Balance Sheet Health
Financial Health criteria checks 2/6
NIP Group has a total shareholder equity of $237.1M and total debt of $14.7M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are $305.3M and $68.2M respectively.
Key information
6.2%
Debt to equity ratio
US$14.66m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.76m |
| Equity | US$237.12m |
| Total liabilities | US$68.23m |
| Total assets | US$305.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIPG's short term assets ($33.4M) do not cover its short term liabilities ($37.8M).
Long Term Liabilities: NIPG's short term assets ($33.4M) exceed its long term liabilities ($30.4M).
Debt to Equity History and Analysis
Debt Level: NIPG's net debt to equity ratio (3.3%) 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: Insufficient data to determine if NIPG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NIPG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.