Nextech3D.AI Balance Sheet Health
Financial Health criteria checks 4/6
Nextech3D.AI has a total shareholder equity of CA$8.5M and total debt of CA$505.8K, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CA$13.5M and CA$5.0M respectively.
Key information
6.0%
Debt to equity ratio
CA$505.85k
Debt
Interest coverage ratio | n/a |
Cash | CA$2.99m |
Equity | CA$8.49m |
Total liabilities | CA$4.97m |
Total assets | CA$13.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEXC.F's short term assets (CA$3.8M) do not cover its short term liabilities (CA$4.4M).
Long Term Liabilities: NEXC.F's short term assets (CA$3.8M) exceed its long term liabilities (CA$528.5K).
Debt to Equity History and Analysis
Debt Level: NEXC.F has more cash than its total debt.
Reducing Debt: NEXC.F's debt to equity ratio has increased from 2.8% to 6% 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: NEXC.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NEXC.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.