Firebrick Pharma Balance Sheet Health
Financial Health criteria checks 6/6
Firebrick Pharma has a total shareholder equity of A$2.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.4M and A$291.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$824.78k |
| Equity | AU$2.12m |
| Total liabilities | AU$291.07k |
| Total assets | AU$2.41m |
Recent financial health updates
Here's Why We're Watching Firebrick Pharma's (ASX:FRE) Cash Burn Situation
Aug 14
We Think Firebrick Pharma (ASX:FRE) Needs To Drive Business Growth Carefully
May 02We Think Firebrick Pharma (ASX:FRE) Needs To Drive Business Growth Carefully
Dec 14Companies Like Firebrick Pharma (ASX:FRE) Are In A Position To Invest In Growth
Aug 30Recent updates
Here's Why We're Watching Firebrick Pharma's (ASX:FRE) Cash Burn Situation
Aug 14We Think Firebrick Pharma (ASX:FRE) Needs To Drive Business Growth Carefully
May 02We Think Firebrick Pharma (ASX:FRE) Needs To Drive Business Growth Carefully
Dec 14Companies Like Firebrick Pharma (ASX:FRE) Are In A Position To Invest In Growth
Aug 30Financial Position Analysis
Short Term Liabilities: FRE's short term assets (A$2.1M) exceed its short term liabilities (A$291.1K).
Long Term Liabilities: FRE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FRE is debt free.
Reducing Debt: FRE 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: FRE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FRE is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.