Forbidden Foods Balance Sheet Health
Financial Health criteria checks 6/6
Forbidden Foods has a total shareholder equity of A$1.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$883.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$368.65k |
Equity | AU$1.67m |
Total liabilities | AU$883.17k |
Total assets | AU$2.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFF's short term assets (A$1.1M) exceed its short term liabilities (A$883.2K).
Long Term Liabilities: FFF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FFF is debt free.
Reducing Debt: FFF has no debt compared to 5 years ago when its debt to equity ratio was 185%.
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: FFF has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FFF is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.