Founders Metals Balance Sheet Health
Financial Health criteria checks 4/6
Founders Metals has a total shareholder equity of CA$20.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$22.2M and CA$2.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$4.13m |
| Equity | CA$20.25m |
| Total liabilities | CA$1.98m |
| Total assets | CA$22.23m |
Financial Position Analysis
Short Term Liabilities: FDR's short term assets (CA$4.3M) exceed its short term liabilities (CA$2.0M).
Long Term Liabilities: FDR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FDR is debt free.
Reducing Debt: FDR has not had any debt for 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: FDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FDR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 67% each year