Florin Mining Investment Balance Sheet Health
Financial Health criteria checks 5/6
Florin Mining Investment has a total shareholder equity of A$2.5M and total debt of A$171.2K, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are A$3.0M and A$466.5K respectively.
Key information
6.7%
Debt to equity ratio
AU$171.23k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$149.53k |
| Equity | AU$2.54m |
| Total liabilities | AU$466.55k |
| Total assets | AU$3.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMI's short term assets (A$252.6K) exceed its short term liabilities (A$223.3K).
Long Term Liabilities: FMI's short term assets (A$252.6K) exceed its long term liabilities (A$243.3K).
Debt to Equity History and Analysis
Debt Level: FMI's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: FMI's debt to equity ratio has increased from 2.1% to 6.7% 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: FMI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FMI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.3% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 09:57 |
| End of Day Share Price | 2024/12/04 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Florin Mining Investment Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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