First Graphene Balance Sheet Health

Financial Health criteria checks 5/6

First Graphene has a total shareholder equity of A$8.0M and total debt of A$2.7M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are A$11.7M and A$3.6M respectively.

Key information

34.2%

Debt to equity ratio

AU$2.75m

Debt

Interest coverage ratio	n/a
Cash	AU$4.44m
Equity	AU$8.04m
Total liabilities	AU$3.63m
Total assets	AU$11.68m

Recent financial health updates

Recent updates

Health Check: How Prudently Does First Graphene (ASX:FGR) Use Debt?

Mar 21

First Graphene (ASX:FGR) Is Carrying A Fair Bit Of Debt

Sep 05

Is First Graphene (ASX:FGR) Weighed On By Its Debt Load?

Apr 28

Is First Graphene (ASX:FGR) Using Debt Sensibly?

Dec 02

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

Aug 06

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

Mar 31

We Think First Graphene (ASX:FGR) Can Afford To Drive Business Growth

Dec 16

Financial Position Analysis

Short Term Liabilities: FGR's short term assets (A$6.3M) exceed its short term liabilities (A$3.2M).

Long Term Liabilities: FGR's short term assets (A$6.3M) exceed its long term liabilities (A$389.7K).

Debt to Equity History and Analysis

Debt Level: FGR has more cash than its total debt.

Reducing Debt: FGR's debt to equity ratio has increased from 9.3% to 34.2% 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: FGR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: FGR has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 7.5% each year.

Discover healthy companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

First Graphene Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Health Check: How Prudently Does First Graphene (ASX:FGR) Use Debt?

First Graphene (ASX:FGR) Is Carrying A Fair Bit Of Debt

Is First Graphene (ASX:FGR) Weighed On By Its Debt Load?

Is First Graphene (ASX:FGR) Using Debt Sensibly?

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

Recent updates

New minor risk - Share price stability

Health Check: How Prudently Does First Graphene (ASX:FGR) Use Debt?

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

New minor risk - Share price stability

Full year 2023 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2022)

First Graphene Limited, Annual General Meeting, Nov 20, 2023

First Graphene (ASX:FGR) Is Carrying A Fair Bit Of Debt

Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2022)

New minor risk - Financial data availability

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2022)

First Graphene Limited's Paper Confirms PureGRAPH Benefits in Wastewater Concrete

No independent directors

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction

MD, CEO & Director exercised options to buy AU$129k worth of stock.

Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.012 loss in FY 2021)

First Graphene Limited, Annual General Meeting, Oct 17, 2022

First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

Is First Graphene (ASX:FGR) Weighed On By Its Debt Load?

No independent directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

First Graphene Limited Secures an Additional Patent Within its Existing Hydrodynamic Cavitation Patent Family

Is First Graphene (ASX:FGR) Using Debt Sensibly?

First Graphene Limited Launches New Masterbatch PureGRAPH MB-EVA

Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.011 loss in FY 2020)

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

First Graphene Limited Launches PureGRAPH LDPE

First Graphene Limited Announces the Publication of A Scientific Paper Written by Researchers At the University of Adelaide

First Graphene Limited announced that it expects to receive AUD 5.3 million in funding from Specialty Materials Investments LLC

We're Keeping An Eye On First Graphene's (ASX:FGR) Cash Burn Rate

First Graphene Limited Announces the Release of its New PureGRAPH® AQUA Range of Graphene Additives

First Graphene Limited Enters Memorandum of Understanding with Gerdau S.A

First Graphene Limited Provides Results from Field Testing of PureGRAPH

First Graphene Limited Extends Commercial Relationship with planarTECH Holdings Limited

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2020)

First Graphene Limited Announces Resignation of Peter Youd as Director

Mike Bell, Recently Appoints Chief Executive Officer of First Graphene Limited Now Commences in Full-Time Capacity

New 90-day high: AU$0.27

We Think First Graphene (ASX:FGR) Can Afford To Drive Business Growth

First Graphene Limited Announces Executive Changes

New 90-day high: AU$0.21

Craig Mcguckin Announces Intention to Retire as Managing Director of First Graphene Limited

First Graphene Limited Announces Test Work with Ascent Shipwrights Confirms That PureGRAPH Significantly Improves FRP Boats

Full year earnings released - AU$0.011 loss per share

First Graphene Limited(ASX:FGR) dropped from S&P/ASX Emerging Companies Index

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies