FirstWave Cloud Technology Balance Sheet Health
Financial Health criteria checks 3/6
FirstWave Cloud Technology has a total shareholder equity of A$52.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$62.4M and A$10.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.08m |
| Equity | AU$52.37m |
| Total liabilities | AU$10.04m |
| Total assets | AU$62.41m |
Financial Position Analysis
Short Term Liabilities: FCT's short term assets (A$5.9M) do not cover its short term liabilities (A$7.8M).
Long Term Liabilities: FCT's short term assets (A$5.9M) exceed its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: FCT is debt free.
Reducing Debt: FCT 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: FCT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FCT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.2% each year