FuelPositive Balance Sheet Health
Financial Health criteria checks 6/6
FuelPositive has a total shareholder equity of CA$25.2M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$26.4M and CA$1.3M respectively.
Key information
0.2%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$586.30k |
Equity | CA$25.16m |
Total liabilities | CA$1.28m |
Total assets | CA$26.43m |
Financial Position Analysis
Short Term Liabilities: NHHH's short term assets (CA$1.9M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: NHHH's short term assets (CA$1.9M) exceed its long term liabilities (CA$209.1K).
Debt to Equity History and Analysis
Debt Level: NHHH has more cash than its total debt.
Reducing Debt: NHHH's debt to equity ratio has reduced from 0.8% to 0.2% 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: NHHH has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NHHH is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.