First Tellurium Balance Sheet Health
Financial Health criteria checks 2/6
First Tellurium has a total shareholder equity of CA$318.2K and total debt of CA$182.0K, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are CA$1.3M and CA$953.9K respectively.
Key information
57.2%
Debt to equity ratio
CA$182.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$41.00k |
Equity | CA$318.19k |
Total liabilities | CA$953.92k |
Total assets | CA$1.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTEL's short term assets (CA$457.3K) do not cover its short term liabilities (CA$953.9K).
Long Term Liabilities: FTEL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FTEL's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: FTEL 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: FTEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FTEL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.1% each year