FE Battery Metals Balance Sheet Health
Financial Health criteria checks 6/6
FE Battery Metals has a total shareholder equity of CA$9.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.7M and CA$911.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.50m |
Equity | CA$9.82m |
Total liabilities | CA$911.34k |
Total assets | CA$10.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FE's short term assets (CA$3.1M) exceed its short term liabilities (CA$911.3K).
Long Term Liabilities: FE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FE is debt free.
Reducing Debt: FE has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
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: FE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FE is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.