First Andes Silver Balance Sheet Health
Financial Health criteria checks 4/6
First Andes Silver has a total shareholder equity of CA$2.2M and total debt of CA$191.9K, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CA$3.1M and CA$863.0K respectively.
Key information
8.6%
Debt to equity ratio
CA$191.92k
Debt
Interest coverage ratio | n/a |
Cash | CA$25.29k |
Equity | CA$2.23m |
Total liabilities | CA$863.05k |
Total assets | CA$3.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAS's short term assets (CA$53.1K) do not cover its short term liabilities (CA$863.0K).
Long Term Liabilities: FAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAS's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FAS's debt to equity ratio has reduced over the past 5 years.
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: FAS has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FAS is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.