Fortune Minerals Balance Sheet Health

Short Term Liabilities: FT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt Level: FT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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: FT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FT has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.9% each year.