Flint Balance Sheet Health
Financial Health criteria checks 2/6
Flint has a total shareholder equity of CA$-60.1M and total debt of CA$181.5M, which brings its debt-to-equity ratio to -301.8%. Its total assets and total liabilities are CA$226.4M and CA$286.6M respectively. Flint's EBIT is CA$16.1M making its interest coverage ratio 0.9. It has cash and short-term investments of CA$32.9M.
Key information
-301.8%
Debt to equity ratio
CA$181.54m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$32.95m |
| Equity | -CA$60.15m |
| Total liabilities | CA$286.55m |
| Total assets | CA$226.40m |
Recent financial health updates
No updates
Recent updates
Flint (TSE:FLNT) Might Have The Makings Of A Multi-Bagger
Apr 18
Flint's (TSE:FLNT) Returns On Capital Are Heading Higher
Jan 03Flint (TSE:FLNT) Is Doing The Right Things To Multiply Its Share Price
Sep 20Flint's (TSE:FLNT) Returns On Capital Are Heading Higher
Jun 06We Like These Underlying Return On Capital Trends At Flint (TSE:FLNT)
Feb 21ClearStream Energy Services (TSE:CSM) Will Be Hoping To Turn Its Returns On Capital Around
Aug 04ClearStream Energy Services Inc.'s (TSE:CSM) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 11We Like The Quality Of ClearStream Energy Services' (TSE:CSM) Earnings
Mar 11Financial Position Analysis
Short Term Liabilities: FLNT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FLNT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FLNT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FLNT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable FLNT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FLNT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.6% per year.