Nxu Balance Sheet Health
Financial Health criteria checks 3/6
Nxu has a total shareholder equity of $3.4M and total debt of $16.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $8.4M and $5.1M respectively.
Key information
0.5%
Debt to equity ratio
US$16.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.21m |
| Equity | US$3.35m |
| Total liabilities | US$5.09m |
| Total assets | US$8.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXU's short term assets ($3.0M) do not cover its short term liabilities ($5.0M).
Long Term Liabilities: NXU's short term assets ($3.0M) exceed its long term liabilities ($68.0K).
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 28.4% each year