Flynn Gold Balance Sheet Health
Financial Health criteria checks 6/6
Flynn Gold has a total shareholder equity of A$2.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.4M and A$904.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.96m |
| Equity | AU$2.50m |
| Total liabilities | AU$904.37k |
| Total assets | AU$3.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FG1's short term assets (A$3.1M) exceed its short term liabilities (A$886.0K).
Long Term Liabilities: FG1's short term assets (A$3.1M) exceed its long term liabilities (A$18.4K).
Debt to Equity History and Analysis
Debt Level: FG1 is debt free.
Reducing Debt: FG1 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: FG1 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FG1 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.