Freelancer Balance Sheet Health
Financial Health criteria checks 5/6
Freelancer has a total shareholder equity of A$25.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$86.5M and A$60.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$21.16m |
| Equity | AU$25.91m |
| Total liabilities | AU$60.56m |
| Total assets | AU$86.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLN's short term assets (A$28.1M) do not cover its short term liabilities (A$46.7M).
Long Term Liabilities: FLN's short term assets (A$28.1M) exceed its long term liabilities (A$13.9M).
Debt to Equity History and Analysis
Debt Level: FLN is debt free.
Reducing Debt: FLN has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
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: Whilst unprofitable FLN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FLN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.2% per year.