FTI Foodtech International Balance Sheet Health
Financial Health criteria checks 2/6
FTI Foodtech International has a total shareholder equity of CA$76.0K and total debt of CA$340.4K, which brings its debt-to-equity ratio to 447.9%. Its total assets and total liabilities are CA$450.9K and CA$374.9K respectively.
Key information
447.9%
Debt to equity ratio
CA$340.44k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$396.00 |
| Equity | CA$76.01k |
| Total liabilities | CA$374.85k |
| Total assets | CA$450.86k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI's short term assets (CA$161.9K) exceed its short term liabilities (CA$34.4K).
Long Term Liabilities: FTI's short term assets (CA$161.9K) do not cover its long term liabilities (CA$340.4K).
Debt to Equity History and Analysis
Debt Level: FTI's net debt to equity ratio (447.4%) is considered high.
Reducing Debt: FTI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: FTI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FTI has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.2% each year.