NanoViricides Balance Sheet Health
Financial Health criteria checks 4/6
NanoViricides has a total shareholder equity of $12.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.4M and $951.1K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.25m |
| Equity | US$12.45m |
| Total liabilities | US$951.07k |
| Total assets | US$13.40m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NNVC's short term assets ($5.3M) exceed its short term liabilities ($951.1K).
Long Term Liabilities: NNVC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NNVC is debt free.
Reducing Debt: NNVC 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: NNVC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NNVC has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.9% each year.