Fin Resources Balance Sheet Health
Financial Health criteria checks 4/6
Fin Resources has a total shareholder equity of A$2.7M 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$738.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$879.74k |
| Equity | AU$2.68m |
| Total liabilities | AU$738.04k |
| Total assets | AU$3.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FIN's short term assets (A$1.1M) exceed its short term liabilities (A$738.0K).
Long Term Liabilities: FIN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FIN is debt free.
Reducing Debt: FIN has not had any debt for 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: FIN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.1% each year