Next Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
Next Technology Holding has a total shareholder equity of $50.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $54.9M and $4.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$668.39k |
| Equity | US$50.90m |
| Total liabilities | US$4.04m |
| Total assets | US$54.94m |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By WeTrade Group, Inc.'s (NASDAQ:WETG) 49% Share Price Plunge
Apr 17
WeTrade Group to increase presence in the health market
Oct 19WeTrade partners with Guyguide to provide monkeypox testing kits for travel packages
Aug 23WeTrade stock rises 11% on $50M sales contract for monkeypox test kits
Aug 12WeTrade Group shares surge after iniking monkeypox test kit partnership
Aug 05Financial Position Analysis
Short Term Liabilities: NXTT's short term assets ($54.9M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: NXTT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NXTT is debt free.
Reducing Debt: NXTT had no debt 5 years ago.
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 NXTT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NXTT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.3% per year.