Nuran Wireless Inc. (NUR) Balance Sheet

NASDAQ: NURAssets, liabilities, debt and equity over 4 years.

NUR balance sheet, 2025

December 31, 2025 · Canadian dollars

C$30.0M assets = C$24.4M liabilities + C$5.6M equity

What it ownsC$30.0MCash & ST investments: C$4.7M (15.6%)Cash & ST investmentsC$4.7M · 16%Receivables: C$1.7M (5.6%)Inventory: C$6.4M (21.3%)InventoryC$6.4M · 21%Other current: C$6.3M (21.1%)Other currentC$6.3M · 21%PP&E: C$3.4M (11.5%)PP&EC$3.4M · 11%Goodwill & intangibles: C$7.5M (24.9%)Goodwill & intangiblesC$7.5M · 25%=How it is financedC$30.0MCurrent liabilities: C$24.1M (80.3%)Current liabilitiesC$24.1M · 80%Other LT liabilities: C$323,206 (1.1%)Shareholders’ equity: C$5.6M (18.7%)Shareholders’ equityC$5.6M · 19%

Both columns are drawn to the same scale: what NUR owns equals what it owes plus shareholders’ equity. Hover a block for its value.

NUR financial health

Current ratio0.79
Tight · current assets cover current liabilities 0.79×
Equity / assets18.7%
Thin equity · of assets funded by shareholders
Goodwill & intangibles24.9%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

NUR balance sheet trends, 2022–2025

MetricTrendThenLatestChange
Total assetsC$18.7M2022C$30.0M2025+17.0%/yr
Total liabilitiesC$14.6M2022C$24.4M2025+18.8%/yr
Shareholders’ equityC$4.2M2022C$5.6M2025+10.2%/yr
Cash & short-term investmentsC$183,3972022C$4.7M2025+194.1%/yr
Working capital−C$2.8M2022−C$5.0M2025−C$2.2M
Current ratio0.8020220.792025−0.01
Shares outstanding117K202213.1M2025+382.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

NUR assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

NUR liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

NUR debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

NUR balance sheet in Canadian dollars

2025202420232022
Assets
Cash & short-term investmentsC$4.7MC$1.2MC$172,880C$183,397
Cash & equivalentsC$4.7MC$1.2MC$172,880C$183,397
ReceivablesC$1.7MC$2.0MC$1.3MC$5.6M
InventoryC$6.4MC$5.7MC$5.1MC$4.9M
Other current assetsC$6.3MC$7.3MC$5.9MC$620,462
Total current assetsC$19.1MC$16.1MC$12.4MC$11.3M
Property, plant & equipment (net)C$3.4MC$420,347C$762,140C$865,459
Goodwill & intangible assetsC$7.5MC$7.3MC$7.0MC$6.5M
Long-term investmentsC$0C$0C$0C$0
Other non-current assetsC$0C$1C$1C$1
Total assetsC$30.0MC$23.9MC$20.2MC$18.7M
Liabilities
Total current liabilitiesC$24.1MC$35.2MC$25.1MC$14.1M
Long-term debtC$0C$0C$0C$0
Lease obligationsC$415,786C$256,637C$527,588C$602,585
Other long-term liabilitiesC$323,206C$66,739C$293,769C$405,522
Total liabilitiesC$24.4MC$35.3MC$25.4MC$14.6M
Shareholders' equity
Retained earnings (deficit)−C$94.2M−C$72.8M−C$64.0M−C$51.7M
Total shareholders' equityC$5.6M−C$11.4M−C$5.2MC$4.2M
Key figures
Working capital−C$5.0M−C$19.1M−C$12.6M−C$2.8M
Tangible book value−C$1.9M−C$18.7M−C$12.2M−C$2.4M
Shares outstanding13.1M196K143K117K
Current ratio0.790.460.500.80
Quick ratio0.260.090.060.41
Equity / assets18.7%−47.8%−25.6%22.3%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed —); data from EODHD.

NUR financial position

At the end of fiscal 2025 (December 31, 2025), Nuran Wireless Inc. had total assets of C$30.0 million (up 25.6% from a year earlier), total liabilities of C$24.4 million and shareholders' equity of C$5.6 million. Its current ratio was 0.79. In the latest quarter (ended June 30, 2026) total assets were C$26.8 million and equity C$0.2 million.

Related: NUR income statement, NUR cash flow statement, NUR key metrics. See the NUR stock overview for the latest quote and news.

NUR balance sheet FAQ

What are Nuran Wireless Inc.'s total assets?

Nuran Wireless Inc. reported total assets of C$30.0 million at the end of fiscal 2025 (December 31, 2025), compared with C$23.9 million a year earlier.

How much cash does Nuran Wireless Inc. have?

Nuran Wireless Inc. held C$4.7 million in cash and short-term investments at the end of fiscal 2025.

What is Nuran Wireless Inc.'s book value?

Nuran Wireless Inc.'s shareholders' equity (book value) was C$5.6 million at the end of fiscal 2025.

What is Nuran Wireless Inc.'s current ratio?

Nuran Wireless Inc. had current assets of C$19.1 million and current liabilities of C$24.1 million, a current ratio of 0.79 (current liabilities exceed current assets).

How much goodwill does Nuran Wireless Inc. have?

Nuran Wireless Inc. carried C$7.5 million of goodwill and intangible assets, 24.9% of total assets, at the end of fiscal 2025.

Communication Equipment: balance sheet