Firefinch Balance Sheet Health
Financial Health criteria checks 5/6
Firefinch has a total shareholder equity of A$251.9M and total debt of A$14.8M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are A$349.2M and A$97.3M respectively.
Key information
5.9%
Debt to equity ratio
AU$14.77m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$148.88m |
| Equity | AU$251.93m |
| Total liabilities | AU$97.31m |
| Total assets | AU$349.24m |
Financial Position Analysis
Short Term Liabilities: FFX's short term assets (A$196.7M) exceed its short term liabilities (A$73.4M).
Long Term Liabilities: FFX's short term assets (A$196.7M) exceed its long term liabilities (A$23.9M).
Debt to Equity History and Analysis
Debt Level: FFX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FFX'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: FFX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FFX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 42.5% each year