Felix Gold Balance Sheet Health
Financial Health criteria checks 5/6
Felix Gold has a total shareholder equity of A$19.8M and total debt of A$730.0K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are A$20.8M and A$951.8K respectively.
Key information
3.7%
Debt to equity ratio
AU$730.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.60m |
| Equity | AU$19.80m |
| Total liabilities | AU$951.81k |
| Total assets | AU$20.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FXG's short term assets (A$1.7M) exceed its short term liabilities (A$951.8K).
Long Term Liabilities: FXG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FXG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FXG's debt to equity ratio has reduced 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: FXG has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FXG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.