Forbidden Foods Balance Sheet Health
Financial Health criteria checks 5/6
Forbidden Foods has a total shareholder equity of A$875.2K and total debt of A$364.0K, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are A$2.4M and A$1.6M respectively.
Key information
41.6%
Debt to equity ratio
AU$364.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$254.73k |
| Equity | AU$875.19k |
| Total liabilities | AU$1.56m |
| Total assets | AU$2.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFF's short term assets (A$1.0M) do not cover its short term liabilities (A$1.6M).
Long Term Liabilities: FFF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FFF's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: FFF's debt to equity ratio has reduced from 326.1% to 41.6% 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: 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.