Faraday Copper Balance Sheet Health
Financial Health criteria checks 6/6
Faraday Copper has a total shareholder equity of CA$46.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.3M and CA$1.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$25.82m |
Equity | CA$46.54m |
Total liabilities | CA$1.78m |
Total assets | CA$48.32m |
Recent financial health updates
Here's Why We're Not Too Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation
Aug 10Here'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 We're Not Too Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation
Aug 10Here'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$26.0M) exceed its short term liabilities (CA$1.8M).
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 3.2%.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FDY has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 53.7% each year.