NextPlay Technologies Balance Sheet Health
Financial Health criteria checks 3/6
NextPlay Technologies has a total shareholder equity of $46.0M and total debt of $6.5M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are $103.8M and $57.9M respectively.
Key information
14.1%
Debt to equity ratio
US$6.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.91m |
| Equity | US$45.95m |
| Total liabilities | US$57.90m |
| Total assets | US$103.85m |
Financial Position Analysis
Short Term Liabilities: NXTP's short term assets ($61.1M) exceed its short term liabilities ($57.5M).
Long Term Liabilities: NXTP's short term assets ($61.1M) exceed its long term liabilities ($352.0K).
Debt to Equity History and Analysis
Debt Level: NXTP's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NXTP'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 NXTP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NXTP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.