Nxu Balance Sheet Health
Financial Health criteria checks 4/6
Nxu has a total shareholder equity of $7.7M and total debt of $10.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $14.1M and $6.5M respectively.
Key information
0.1%
Debt to equity ratio
US$10.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.60m |
| Equity | US$7.65m |
| Total liabilities | US$6.46m |
| Total assets | US$14.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXU's short term assets ($5.8M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: NXU's short term assets ($5.8M) exceed its long term liabilities ($759.0K).
Debt to Equity History and Analysis
Debt Level: NXU has more cash than its total debt.
Reducing Debt: NXU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: NXU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NXU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year