Focus Minerals Balance Sheet Health
Financial Health criteria checks 0/6
Focus Minerals has a total shareholder equity of A$92.6M and total debt of A$94.0M, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are A$246.8M and A$154.2M respectively. Focus Minerals's EBIT is A$1.9M making its interest coverage ratio 1.3. It has cash and short-term investments of A$1.2M.
Key information
101.5%
Debt to equity ratio
AU$93.98m
Debt
| Interest coverage ratio | 1.3x |
| Cash | AU$1.20m |
| Equity | AU$92.62m |
| Total liabilities | AU$154.17m |
| Total assets | AU$246.79m |
Recent financial health updates
Does Focus Minerals (ASX:FML) Have A Healthy Balance Sheet?
Oct 18
Would Focus Minerals (ASX:FML) Be Better Off With Less Debt?
Apr 01Recent updates
Does Focus Minerals (ASX:FML) Have A Healthy Balance Sheet?
Oct 18Increases to Focus Minerals Limited's (ASX:FML) CEO Compensation Might Cool off for now
May 21Would Focus Minerals (ASX:FML) Be Better Off With Less Debt?
Apr 01Did You Miss Focus Minerals' (ASX:FML) 41% Share Price Gain?
Nov 17
Introducing Focus Minerals (ASX:FML), A Stock That Climbed 33% In The Last Five Years
Jul 28Financial Position Analysis
Short Term Liabilities: FML's short term assets (A$12.7M) do not cover its short term liabilities (A$48.9M).
Long Term Liabilities: FML's short term assets (A$12.7M) do not cover its long term liabilities (A$105.3M).
Debt to Equity History and Analysis
Debt Level: FML's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: FML's debt to equity ratio has increased from 0% to 101.5% 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: FML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.3% each year