Faraday Copper Balance Sheet Health
Financial Health criteria checks 4/6
Faraday Copper has a total shareholder equity of CA$34.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$36.6M and CA$2.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$14.90m |
Equity | CA$34.11m |
Total liabilities | CA$2.49m |
Total assets | CA$36.59m |
Recent financial health updates
Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely
Jan 19Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely
Sep 02Here's Why We're A Bit Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation
May 17Is Faraday Copper (TSE:FDY) In A Good Position To Deliver On Growth Plans?
Dec 09Is Faraday Copper (CSE:FDY) In A Good Position To Invest In Growth?
Aug 26Recent updates
Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely
Jan 19Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely
Sep 02Here's Why We're A Bit Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation
May 17Is Faraday Copper (TSE:FDY) In A Good Position To Deliver On Growth Plans?
Dec 09Is Faraday Copper (CSE:FDY) In A Good Position To Invest In Growth?
Aug 26Financial Position Analysis
Short Term Liabilities: FDY's short term assets (CA$15.3M) exceed its short term liabilities (CA$2.5M).
Long Term Liabilities: FDY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FDY is debt free.
Reducing Debt: FDY has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
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: FDY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FDY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.9% each year