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 ration/a
CashUS$4.09m
EquityUS$7.19m
Total liabilitiesUS$3.82m
Total assetsUS$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


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