Far East Gold Balance Sheet Health
Financial Health criteria checks 3/6
Far East Gold has a total shareholder equity of A$32.8M and total debt of A$92.9K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are A$34.3M and A$1.5M respectively.
Key information
0.3%
Debt to equity ratio
AU$92.87k
Debt
Interest coverage ratio | n/a |
Cash | AU$4.79m |
Equity | AU$32.79m |
Total liabilities | AU$1.49m |
Total assets | AU$34.28m |
Financial Position Analysis
Short Term Liabilities: FEG's short term assets (A$5.7M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: FEG's short term assets (A$5.7M) exceed its long term liabilities (A$32.5K).
Debt to Equity History and Analysis
Debt Level: FEG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FEG's debt to equity ratio has reduced 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: FEG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FEG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52% each year