Near Intelligence Balance Sheet Health
Financial Health criteria checks 1/6
Near Intelligence has a total shareholder equity of $3.9M and total debt of $101.3M, which brings its debt-to-equity ratio to 2582.6%. Its total assets and total liabilities are $161.7M and $157.8M respectively.
Key information
2,582.6%
Debt to equity ratio
US$101.32m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.32m |
| Equity | US$3.92m |
| Total liabilities | US$157.77m |
| Total assets | US$161.69m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIRL.Q's short term assets ($83.1M) do not cover its short term liabilities ($149.7M).
Long Term Liabilities: NIRL.Q's short term assets ($83.1M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: NIRL.Q's net debt to equity ratio (1962.6%) is considered high.
Reducing Debt: Insufficient data to determine if NIRL.Q'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: NIRL.Q has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NIRL.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.3% each year