NextNav Balance Sheet Health
Financial Health criteria checks 5/6
NextNav has a total shareholder equity of $65.6M and total debt of $53.0M, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are $171.7M and $106.1M respectively.
Key information
80.8%
Debt to equity ratio
US$52.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$86.77m |
| Equity | US$65.57m |
| Total liabilities | US$106.10m |
| Total assets | US$171.67m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NN's short term assets ($104.4M) exceed its short term liabilities ($20.8M).
Long Term Liabilities: NN's short term assets ($104.4M) exceed its long term liabilities ($85.3M).
Debt to Equity History and Analysis
Debt Level: NN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NN's debt to equity ratio has reduced over the past 5 years.
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: NN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NN has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 6.1% each year.