First Atlantic Nickel Balance Sheet Health
Financial Health criteria checks 6/6
First Atlantic Nickel has a total shareholder equity of CA$2.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.7M and CA$694.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$832.07k |
Equity | CA$1.96m |
Total liabilities | CA$694.27k |
Total assets | CA$2.65m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAN's short term assets (CA$1.2M) exceed its short term liabilities (CA$694.3K).
Long Term Liabilities: FAN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAN is debt free.
Reducing Debt: FAN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: FAN has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FAN is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.