Nouveau Monde Graphite (NMG) Balance Sheet: Assets & Liabilities

Nouveau Monde Graphite (NMG) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Nouveau Monde Graphite reported total assets of CAD 174.44M and total liabilities of CAD 94.60M. Shareholders' equity was CAD 79.85M, down 48.0% from CAD 153.66M a year earlier. Total debt stood at CAD 17.71M against CAD 73.94M in cash and short-term investments, a net cash position of CAD 56.23M. That puts debt-to-equity at 0.22, compared with 0.11 a year earlier.

Nouveau Monde Graphite Balance Sheet Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for Nouveau Monde Graphite Inc. (NMG) - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	73.94	106.30	36.33	59.92	62.36	4.52	4.08	3.79
Short-Term Investments	-	-	0.00	55.04	0.00	0.00	0.02	0.02
Cash & Short-Term Investments	73.94	106.30	36.33	59.92	62.36	4.52	4.10	3.81
Accounts Receivable	3.31	3.18	3.81	10.32	9.06	5.52	0.00	0.00
Inventory	-	-	0.00	0.62	0.00	0.16	0.16	0.00
Other Current Assets	2.21	4.53	2.70	3.68	2.77	0.22	5.51	2.61
Total Current Assets	79.45	114.01	42.93	73.92	74.18	10.42	9.61	6.42
Non-Current Assets
Property, Plant & Equipment (Net)	86.98	79.17	70.98	66.79	44.36	5.27	39.12	25.54
Long-Term Investments	0.45	0.33	1.08	0.80	1.82	0.74	0.62	0.78
Intangible Assets	-	-	0.06	0.18	0.48	0.92	1.53	2.13
Other Non-Current Assets	7.56	10.60	11.38	8.38	7.33	4.55	2.82	3.59
Total Non-Current Assets	94.99	90.09	81.01	76.15	52.17	10.74	43.47	31.26
Total Assets	174.44	204.10	123.94	150.07	126.35	21.16	53.08	37.68
Current Liabilities
Accounts Payable	8.04	13.64	7.05	15.43	15.19	4.29	4.34	5.79
Short-Term Debt	17.21	16.24	54.10	0.23	0.21	2.09	4.96	0.93
Current Portion of Long-Term Debt	0.27	0.25	0.48	0.23	0.21	-	-	-
Accrued Liabilities	2.44	2.71	2.75	2.52	1.77	2.56	-	-
Deferred Revenue	0.19	0.79	1.26	0.02	0.00	1.51	-4.91	-5.79
Other Current Liabilities	62.96	16.37	1.26	0.02	0.14	2.70	0.57	0.00
Total Current Liabilities	91.41	46.98	65.61	16.11	15.73	10.59	9.87	6.72
Non-Current Liabilities
Long-Term Debt	0.50	0.76	1.28	58.31	1.92	15.29	0.30	2.38
Deferred Tax Liabilities	-	-	0.00	0.00	0.00	0.00	5.08	3.86
Other Non-Current Liabilities	1.58	1.46	0.99	0.95	1.01	0.62	-4.61	1.07
Total Non-Current Liabilities	3.19	3.47	3.90	61.65	4.92	15.91	5.86	7.31
Total Liabilities	94.60	50.44	69.51	77.75	20.65	26.49	15.72	14.02
Stockholders' Equity
Common Stock	436.48	411.24	238.82	210.79	206.48	60.54	56.18	36.24
Retained Earnings	-399.05	-293.87	-220.59	-164.60	-116.89	-77.00	-28.42	-21.59
Accumulated Other Comprehensive Income	5.36	3.68	7.69	0.83	-	1.23	2.22	4.78
Additional Paid-in Capital	37.07	32.61	28.50	25.31	16.10	10.76	7.37	-
Shares Outstanding	160.76	152.26	60.90	55.87	55.12	-	-	-
Total Stockholders' Equity	79.85	153.66	54.43	72.32	105.70	-5.34	37.36	23.66
Total Liabilities & Equity	174.44	204.10	123.94	150.07	126.35	21.16	53.08	37.68

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Nouveau Monde Graphite Balance Sheet

How much debt does Nouveau Monde Graphite have?

Nouveau Monde Graphite had total debt of CAD 17.71M as of Dec 31, 2025, against CAD 73.94M in cash and short-term investments. Its debt-to-equity ratio was 0.22. Total debt was CAD 17.00M a year earlier.

What are Nouveau Monde Graphite's total assets?

Nouveau Monde Graphite reported total assets of CAD 174.44M as of Dec 31, 2025, down 14.5% from CAD 204.10M a year earlier. Total liabilities were CAD 94.60M.

What is Nouveau Monde Graphite's shareholders' equity?

Nouveau Monde Graphite's shareholders' equity was CAD 79.85M as of Dec 31, 2025, or about CAD 0.50 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition