Filo Balance Sheet Health

Financial Health criteria checks 5/6

Filo has a total shareholder equity of $99.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $115.0M and $15.6M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$100.14m
Equity	US$99.33m
Total liabilities	US$15.64m
Total assets	US$114.97m

Recent financial health updates

Recent updates

Is Filo (TSE:FIL) In A Good Position To Invest In Growth?

Apr 17

We're Hopeful That Filo (TSE:FIL) Will Use Its Cash Wisely

Dec 31

Companies Like Filo (TSE:FIL) Are In A Position To Invest In Growth

Sep 01

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

Apr 29

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

Nov 13

We're Not Worried About Filo Mining's (TSE:FIL) Cash Burn

Jul 20

Is There An Opportunity With Filo Mining Corp.'s (TSE:FIL) 31% Undervaluation?

May 06

We're Not Very Worried About Filo Mining's (TSE:FIL) Cash Burn Rate

Mar 01

Financial Position Analysis

Short Term Liabilities: FIL's short term assets ($101.2M) exceed its short term liabilities ($15.6M).

Long Term Liabilities: FIL has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FIL is debt free.

Reducing Debt: FIL had no debt 5 years ago.

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: FIL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: FIL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.2% each year

Filo Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Filo (TSE:FIL) In A Good Position To Invest In Growth?

We're Hopeful That Filo (TSE:FIL) Will Use Its Cash Wisely

Companies Like Filo (TSE:FIL) Are In A Position To Invest In Growth

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

We're Not Worried About Filo Mining's (TSE:FIL) Cash Burn

Recent updates

New major risk - Financial position

Independent Chairman of the Board exercised options to buy CA$6.5m worth of stock.

President exercised options and sold CA$3.7m worth of stock

New minor risk - Shareholder dilution

Filo Corp. announced that it has received CAD 114.999984 million in funding from Lundin Mining Corporation, BHP Investments Canada Inc.

Price target decreased by 7.5% to CA$31.14

BHP Investments Canada Inc. and Lundin Mining Corporation (TSX:LUN) entered into a definitive agreement to acquire remaining 93.7% stake in Filo Corp. (TSX:FIL) from Nemesia S.À R.L. and others for CAD 4.1 billion.

Independent Director exercised options to buy CA$2.7m worth of stock.

Filo Corp. Announces Assay Results from Three Holes from the Filo Del Sol Project

Independent Director recently sold CA$1.6m worth of stock

Is Filo (TSE:FIL) In A Good Position To Invest In Growth?

New major risk - Financial position

Filo Corp. Announces Assay Results from Holes FSDH093 and FSDH094 from the Filo Del Sol Project in San Juan, Argentina

We're Hopeful That Filo (TSE:FIL) Will Use Its Cash Wisely

Filo Corp. to Report Q3, 2024 Results on Nov 08, 2024

Filo Corp., Annual General Meeting, Jun 21, 2024

Filo Corp. to Report Q2, 2024 Results on Aug 09, 2024

Filo Corp. Announces 2024 Exploration Plans

Insider recently sold CA$423k worth of stock

Filo Corp. Announces Assay Results from HolesFSDH086, FSDH089 and FSDH095 from the Filo Del Sol Project in San Juan, Argentina

New major risk - Revenue and earnings growth

Filo Corp. Discovers New High-Grade Zone At Bonita

Filo Corp. Fills the Gap Between Aurora and Bonita - Reports 1,430M At 0.55% CuEq

Companies Like Filo (TSE:FIL) Are In A Position To Invest In Growth

Filo Corp. Announces Assay Results from Hole FSDH084 Testing the Aurora Zone Along with a Summary of the Recent Geotechnical Drilling Program at the Filo Del Sol Project in San Juan, Argentina

Filo Corp. Extends Aurora 260M Northeast with 1,131m at 0.57% CuEq; Expands Bonita 700m East with 879m at 0.47% CuEq

Filo Corp. Announces Assay Results from Two Holes Testing the Aurora and Filo Zones At the Filo Del Sol Project in San Juan, Argentina

New minor risk - Insider selling

Independent Director recently sold CA$528k worth of stock

Independent Director exercised options to buy CA$4.1m worth of stock.

Filo Mining Corp. announced that it has received CAD 130.000012 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from BHP Western Mining Resources International Pty Ltd, Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L.

Filo Mining Corp. announced that it expects to receive CAD 100.000011 million in funding from Lorito Holdings S.à R.L., Zebra Holdings And Investments S.à R.L., Nemesia S.À R.L., BHP Western Mining Resources International Pty Ltd, Lundin Family Trusts

Filo Mining Corp. Announces Assay Results from Holes Testing Four Different Zones At the Filo Del Sol Project in San Juan, Argentina

Non-Independent Director exercised options to buy CA$644k worth of stock.

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

President exercised options to buy CA$3.2m worth of stock.

Chairman of the Board exercised options to buy CA$9.8m worth of stock.

Filo Mining Corp. Announces Assay Results at Filo Del Sol Project in San Juan, Argentina

Non-Independent Director recently sold CA$139k worth of stock

Non-Independent Director recently sold CA$605k worth of stock

Price target increased to CA$28.82

Filo Mining Reports 1,028M At 1.16% Cueq, Including 172M At 2.14% Cueq

Vice President of Exploration recently bought CA$76k worth of stock

Filo Mining Reports 1,356m at 1.09% CuEq, Including 424m at 1.54% CuEq

High number of new directors

Companies Like Filo Mining (TSE:FIL) Are In A Position To Invest In Growth

High number of new directors

Now 23% undervalued after recent price drop

Filo Mining Reports 1,132m at 1.11% CuEq in the Aurora Zone

High number of new directors

Filo Mining Corp. Announces Board Changes

President recently sold CA$478k worth of stock

Now 22% undervalued after recent price drop

Filo Mining Corp. Announces Executive Changes

President recently sold CA$381k worth of stock

Filo Mining Corp. Announces Results from Two Holes At the Filo Del Sol Project in San Juan, Argentina

Filo Mining Corp. Announces Drilling Campaign ExtFilo Mining Corp. ends High-Grade Mineralization and Discovers New Porphyry Centre

High number of new directors

We're Not Worried About Filo Mining's (TSE:FIL) Cash Burn

High number of new directors

Filo Mining Corp. Announces Board Changes

Chairman of the Board exercised options to buy CA$7.8m worth of stock.

Filo Mining Discovers New Porphyry Centre Two Kilometres Northeast of Breccia 41

Insider recently bought CA$83k worth of stock

Filo Mining Corp. Reports 1,338M of 1.33% Cueq, Including 24M of 13.30% Cueq

Filo Mining Corp. Announces Assay Results from the Ongoing Drill Program at the Filo Del Sol Project

Filo Mining Corp. Provides Assay Results from Hole FSDH057

Is There An Opportunity With Filo Mining Corp.'s (TSE:FIL) 31% Undervaluation?