Future Metals Balance Sheet Health
Financial Health criteria checks 4/6
Future Metals has a total shareholder equity of A$19.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.2M and A$381.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.29m |
| Equity | AU$19.83m |
| Total liabilities | AU$381.80k |
| Total assets | AU$20.21m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FME's short term assets (A$2.3M) exceed its short term liabilities (A$381.8K).
Long Term Liabilities: FME has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FME is debt free.
Reducing Debt: FME 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: FME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FME has less than a year of cash runway if free cash flow continues to grow at historical rates of 71% each year.