Fatfish Group Balance Sheet Health
Financial Health criteria checks 1/6
Fatfish Group has a total shareholder equity of A$2.7M and total debt of A$6.3M, which brings its debt-to-equity ratio to 231.2%. Its total assets and total liabilities are A$15.3M and A$12.6M respectively.
Key information
231.2%
Debt to equity ratio
AU$6.31m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.27m |
Equity | AU$2.73m |
Total liabilities | AU$12.61m |
Total assets | AU$15.34m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FFG's short term assets (A$10.3M) do not cover its short term liabilities (A$12.6M).
Long Term Liabilities: FFG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FFG's net debt to equity ratio (147.8%) is considered high.
Reducing Debt: FFG's debt to equity ratio has increased from 4.3% to 231.2% over the past 5 years.
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: FFG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FFG has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.8% each year.