FansUnite Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
FansUnite Entertainment has a total shareholder equity of CA$30.2M and total debt of CA$2.7M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CA$57.4M and CA$27.2M respectively.
Key information
9.0%
Debt to equity ratio
CA$2.72m
Debt
Interest coverage ratio | n/a |
Cash | CA$2.23m |
Equity | CA$30.18m |
Total liabilities | CA$27.25m |
Total assets | CA$57.42m |
Recent financial health updates
Is FansUnite Entertainment (TSE:FANS) A Risky Investment?
Feb 16Is FansUnite Entertainment (TSE:FANS) Using Debt Sensibly?
Oct 02Is FansUnite Entertainment (TSE:FANS) A Risky Investment?
Dec 23Recent updates
Investors Aren't Buying FansUnite Entertainment Inc.'s (TSE:FANS) Revenues
Apr 09Is FansUnite Entertainment (TSE:FANS) A Risky Investment?
Feb 16The Market Lifts FansUnite Entertainment Inc. (TSE:FANS) Shares 63% But It Can Do More
Dec 23Is FansUnite Entertainment (TSE:FANS) Using Debt Sensibly?
Oct 02Investors Continue Waiting On Sidelines For FansUnite Entertainment Inc. (TSE:FANS)
Aug 09Is FansUnite Entertainment (TSE:FANS) A Risky Investment?
Dec 23Financial Position Analysis
Short Term Liabilities: FANS's short term assets (CA$8.7M) do not cover its short term liabilities (CA$25.0M).
Long Term Liabilities: FANS's short term assets (CA$8.7M) exceed its long term liabilities (CA$2.2M).
Debt to Equity History and Analysis
Debt Level: FANS's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: FANS's debt to equity ratio has increased from 0% to 9% 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: FANS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FANS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.2% each year