NFT Balance Sheet Health
Financial Health criteria checks 6/6
NFT has a total shareholder equity of $60.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $73.7M and $12.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$61.76m |
Equity | US$60.80m |
Total liabilities | US$12.89m |
Total assets | US$73.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MI's short term assets ($73.7M) exceed its short term liabilities ($12.9M).
Long Term Liabilities: MI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MI is debt free.
Reducing Debt: MI has no debt compared to 5 years ago when its debt to equity ratio was 84.9%.
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: MI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1.9% each year