NextNav Balance Sheet Health
Financial Health criteria checks 5/6
NextNav has a total shareholder equity of $80.1M and total debt of $48.4M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are $162.2M and $82.1M respectively.
Key information
60.5%
Debt to equity ratio
US$48.45m
Debt
Interest coverage ratio | n/a |
Cash | US$85.83m |
Equity | US$80.10m |
Total liabilities | US$82.06m |
Total assets | US$162.16m |
Financial Position Analysis
Short Term Liabilities: NN's short term assets ($91.2M) exceed its short term liabilities ($9.8M).
Long Term Liabilities: NN's short term assets ($91.2M) exceed its long term liabilities ($72.3M).
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 1.4 years if free cash flow continues to reduce at historical rates of 10.1% each year.