FMR Resources Balance Sheet Health
Financial Health criteria checks 6/6
FMR Resources has a total shareholder equity of A$820.4K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.43m |
| Equity | AU$820.43k |
| Total liabilities | AU$1.80m |
| Total assets | AU$2.62m |
Financial Position Analysis
Short Term Liabilities: FMR's short term assets (A$2.6M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: FMR's short term assets (A$2.6M) exceed its long term liabilities (A$47.5K).
Debt to Equity History and Analysis
Debt Level: FMR is debt free.
Reducing Debt: FMR had no debt 5 years ago.
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: FMR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FMR is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.