Far East Gold Balance Sheet Health
Financial Health criteria checks 6/6
Far East Gold has a total shareholder equity of A$31.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$33.3M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.09m |
| Equity | AU$31.54m |
| Total liabilities | AU$1.72m |
| Total assets | AU$33.26m |
Financial Position Analysis
Short Term Liabilities: FEG's short term assets (A$1.8M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: FEG's short term assets (A$1.8M) exceed its long term liabilities (A$122.8K).
Debt to Equity History and Analysis
Debt Level: FEG is debt free.
Reducing Debt: FEG had no debt 5 years ago.
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: FEG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FEG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.