NMGNouveau Monde Graphite Inc.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -95% · now 79% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can NMG take a bad year?
Nouveau Monde Graphite Inc. holds $74M more cash than debt, and is burning $20M a quarter, about 1.0 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 1.0 years
Cash runway · burning $20M a quarter at the current rate
- Annualised volatility
- 86%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ4 2021
- $2.3M
- Cash and short-term investments
- $76M
- Net cash
- $74M
- Debt / equity
- 0.02×
- Annualised volatilitytwo years of daily moves
- 86%
- Worst drawdown on file
- −95%
- Below its 52-week high
- 79%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Other Industrial Metals & Mining
Ranks #16 of 24 by RyuScore