New Concept Energy Balance Sheet Health
Financial Health criteria checks 6/6
New Concept Energy has a total shareholder equity of $4.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.6M and $75.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$447.00k |
| Equity | US$4.56m |
| Total liabilities | US$75.00k |
| Total assets | US$4.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBR's short term assets ($459.0K) exceed its short term liabilities ($75.0K).
Long Term Liabilities: GBR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GBR is debt free.
Reducing Debt: GBR has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
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: Whilst unprofitable GBR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GBR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.6% per year.