Fatfish Group Balance Sheet Health
Financial Health criteria checks 3/6
Fatfish Group has a total shareholder equity of A$2.5M and total debt of A$5.0M, which brings its debt-to-equity ratio to 201.2%. Its total assets and total liabilities are A$12.4M and A$10.0M respectively.
Key information
201.2%
Debt to equity ratio
AU$4.96m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$946.66k |
| Equity | AU$2.47m |
| Total liabilities | AU$9.95m |
| Total assets | AU$12.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFG's short term assets (A$8.6M) do not cover its short term liabilities (A$10.0M).
Long Term Liabilities: FFG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FFG's net debt to equity ratio (162.8%) is considered high.
Reducing Debt: FFG's debt to equity ratio has increased from 10.6% to 201.2% 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FFG is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.