Notable Labs Balance Sheet Health
Financial Health criteria checks 4/6
Notable Labs has a total shareholder equity of $7.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.0M and $3.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.09m |
Equity | US$7.19m |
Total liabilities | US$3.82m |
Total assets | US$11.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTBL.Q's short term assets ($7.0M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: NTBL.Q's short term assets ($7.0M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: NTBL.Q is debt free.
Reducing Debt: NTBL.Q 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: NTBL.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NTBL.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.5% each year