Focus Graphite Balance Sheet Health
Financial Health criteria checks 4/6
Focus Graphite has a total shareholder equity of CA$33.9M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CA$39.5M and CA$5.6M respectively.
Key information
7.0%
Debt to equity ratio
CA$2.36m
Debt
Interest coverage ratio | n/a |
Cash | CA$711.36k |
Equity | CA$33.94m |
Total liabilities | CA$5.60m |
Total assets | CA$39.54m |
Recent financial health updates
Does Focus Graphite (CVE:FMS) Have A Healthy Balance Sheet?
Apr 13We Think Focus Graphite (CVE:FMS) Has A Fair Chunk Of Debt
Aug 30Is Focus Graphite (CVE:FMS) A Risky Investment?
Apr 26Is Focus Graphite (CVE:FMS) A Risky Investment?
Dec 05Is Focus Graphite (CVE:FMS) A Risky Investment?
Aug 21Focus Graphite (CVE:FMS) Has Debt But No Earnings; Should You Worry?
May 08Recent updates
Does Focus Graphite (CVE:FMS) Have A Healthy Balance Sheet?
Apr 13We Think Focus Graphite (CVE:FMS) Has A Fair Chunk Of Debt
Aug 30Is Focus Graphite (CVE:FMS) A Risky Investment?
Apr 26Is Focus Graphite (CVE:FMS) A Risky Investment?
Dec 05Is Focus Graphite (CVE:FMS) A Risky Investment?
Aug 21Focus Graphite (CVE:FMS) Has Debt But No Earnings; Should You Worry?
May 08Financial Position Analysis
Short Term Liabilities: FMS's short term assets (CA$1.1M) do not cover its short term liabilities (CA$5.5M).
Long Term Liabilities: FMS's short term assets (CA$1.1M) exceed its long term liabilities (CA$52.5K).
Debt to Equity History and Analysis
Debt Level: FMS's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: FMS's debt to equity ratio has increased from 0.2% to 7% 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: FMS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FMS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.