The firm maintains a robust liquidity position with $197.7 million in cash and a current ratio of 95.72, effectively insulating the company from immediate debt-related insolvency risks.
| Total Current Assets | 571.7M | 204.67M | 29.34M | 7.16M | 2.25M |
| Cash & Short-Term Investments | 568.67M | 203.27M | 28.51M | 6.95M | 2.13M |
| Cash Only | 197.68M | 203.27M | 28.51M | 6.95M | 2.13M |
| Short-Term Investments | 371M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 250K | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 3.03M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 32.22M | 23.99M | 5.75M | 75K | 0 |
| Property, Plant & Equipment | 20.48M | 12.34M | 3.52M | 0 | 0 |
| Fixed Asset Turnover | 0.00x | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 9.08M | 9.08M | 0 | 0 | 0 |
| Long-Term Investments | 8M | 2M | 2M | 0 | 0 |
| Other Non-Current Assets | 659.5K | 569.24K | 235.24K | 75K | 0 |
| Total Assets | 603.92M | 228.66M | 35.1M | 7.23M | 2.25M |
| Asset Turnover | 0.00x | - | - | - | - |
| Asset Growth % | 2547.76% | 551.52% | 385.18% | 221.86% | - |
| Total Current Liabilities | 5.97M | 3.83M | 1.84M | 225K | 137.77K |
| Accounts Payable | 0 | 1.31M | 761.48K | 190K | 102.77K |
| Days Payables Outstanding | - | - | - | - | - |
| Short-Term Debt | 547.39K | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.42M | 1.98M | 770.5K | 0 | 0 |
| Current Ratio | 95.72x | 53.48x | 15.96x | 31.82x | 16.31x |
| Quick Ratio | 95.72x | 53.48x | 15.96x | 31.82x | 16.31x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 2.05M | 2.26M | 1.65M | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 8.78M | 2.26M | 1.65M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 8.03M | 6.09M | 3.49M | 225K | 137.77K |
| Total Debt | 2.6M | 2.8M | 1.93M | 0 | 0 |
| Net Debt | -195.07M | -200.47M | -26.58M | -6.95M | -2.13M |
| Debt / Equity | 0.00x | 0.01x | 0.06x | - | - |
| Debt / EBITDA | -0.06x | - | - | - | - |
| Net Debt / EBITDA | 4.40x | - | - | - | - |
| Interest Coverage | - | - | - | - | - |
| Total Equity | 595.89M | 222.57M | 31.61M | 7.01M | 2.11M |
| Equity Growth % | 2956.93% | 604.17% | 350.98% | 232.21% | - |
| Book Value per Share | 11.54 | 5.87 | 1.21 | 0.25 | 0.07 |
| Total Shareholders' Equity | 595.89M | 222.57M | 31.61M | 7.01M | 2.11M |
| Common Stock | 5.21K | 4.17K | 3.07K | 5M | 2.05K |
| Retained Earnings | -73.2M | -57.5M | -17.43M | -7.28M | -1.03M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -4.79K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
Regulatory licensing binary outcome
According to recent financial filings, NNE has successfully expanded its total assets to $603.9 million as of 2026Q2, a significant increase from the $8.2 million reported in 2024Q1, primarily driven by aggressive equity-based capital raises that have fortified the company's liquidity position during its pre-revenue phase.
The trajectory of the balance sheet reflects a deliberate strategy to front-load liquidity, effectively insulating the firm from immediate capital market volatility. While the accumulation of assets is positive, the persistent growth in negative retained earnings to $73.2 million suggests that the company is consuming capital at an accelerating rate to fund its regulatory and engineering milestones.
Based on reported figures, NNE maintains a robust cash position of $197.7 million as of 2026Q2, providing a substantial liquidity buffer that, despite a current ratio of 95.72, remains essential for funding the multi-year NRC licensing process and the development of its proprietary nuclear fuel transportation infrastructure.
The exceptionally high current ratio is a byproduct of the company's pre-revenue status and lack of significant short-term liabilities, rather than operational efficiency. Investors should monitor the burn rate closely, as the current cash position must sustain the company through the high-cost, non-revenue-generating phase of reactor certification.
As reported in financial statements, NNE's net PPE has grown to $20.5 million by 2026Q2, signaling a shift from a purely intellectual property-focused entity toward a more capital-intensive model as the company begins to invest in the physical infrastructure required for HALEU fuel fabrication and transportation.
The emergence of tangible assets on the balance sheet indicates that the company is moving beyond theoretical design into the execution phase of its business model. This transition warrants further investigation into the depreciation schedules and potential impairment risks associated with specialized nuclear equipment that has yet to be proven in a commercial environment.
Based on the company's reported figures, equity has surged to $595.9 million in 2026Q2, reflecting the successful execution of multiple capital raises that have provided the necessary funding to support the company's ambitious R&D and regulatory roadmap without reliance on debt financing.
The reliance on equity financing is a prudent approach for a pre-revenue industrial firm, as it avoids the interest burden that would otherwise exacerbate the company's negative cash flow. However, the significant expansion of the equity base suggests that existing shareholders have faced substantial dilution to provide the capital required for long-term development.
As indicated by recent balance sheet data, the appearance of $9.1 million in goodwill since 2025Q2 introduces a non-obvious risk, as this asset value is predicated on the future success of acquired technologies or entities that have yet to demonstrate commercial viability or generate independent cash flows.
The presence of goodwill on the balance sheet warrants careful monitoring, as any failure to meet NRC licensing milestones could necessitate a write-down of these intangible assets. This would negatively impact book value and potentially signal to the market that the company's strategic acquisitions are not delivering the expected synergies.
Quick answers to the most common questions about buying NNE stock.
As of 2025, Nano Nuclear Energy Inc (NNE) had total assets of $228.7M including $204.7M in current assets.
Nano Nuclear Energy Inc (NNE) carries total debt of $2.8M, offset by $203.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Nano Nuclear Energy Inc (NNE) has total shareholders' equity (book value) of $222.6M ($5.87 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Nano Nuclear Energy Inc (NNE) reported a current ratio of 53.48x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.