Focus Graphite Balance Sheet Health

Financial Health criteria checks 2/6

Focus Graphite has a total shareholder equity of CA$33.6M and total debt of CA$2.3M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CA$39.0M and CA$5.4M respectively.

Key information

6.8%

Debt to equity ratio

CA$2.30m

Debt

Interest coverage ratio	n/a
Cash	CA$290.03k
Equity	CA$33.63m
Total liabilities	CA$5.42m
Total assets	CA$39.04m

Recent financial health updates

Recent updates

Would Focus Graphite (CVE:FMS) Be Better Off With Less Debt?

Sep 09

Does Focus Graphite (CVE:FMS) Have A Healthy Balance Sheet?

Apr 13

We Think Focus Graphite (CVE:FMS) Has A Fair Chunk Of Debt

Aug 30

Is Focus Graphite (CVE:FMS) A Risky Investment?

Apr 26

Is Focus Graphite (CVE:FMS) A Risky Investment?

Dec 05

Is Focus Graphite (CVE:FMS) A Risky Investment?

Aug 21

Focus Graphite (CVE:FMS) Has Debt But No Earnings; Should You Worry?

May 08

Financial Position Analysis

Short Term Liabilities: FMS's short term assets (CA$474.7K) do not cover its short term liabilities (CA$5.4M).

Long Term Liabilities: FMS's short term assets (CA$474.7K) exceed its long term liabilities (CA$52.5K).

Debt to Equity History and Analysis

Debt Level: FMS's net debt to equity ratio (6%) is considered satisfactory.

Reducing Debt: FMS's debt to equity ratio has increased from 0% to 6.8% 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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FMS has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.3% each year.

Focus Graphite Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Would Focus Graphite (CVE:FMS) Be Better Off With Less Debt?

Does Focus Graphite (CVE:FMS) Have A Healthy Balance Sheet?

We Think Focus Graphite (CVE:FMS) Has A Fair Chunk Of Debt

Is Focus Graphite (CVE:FMS) A Risky Investment?

Is Focus Graphite (CVE:FMS) A Risky Investment?

Is Focus Graphite (CVE:FMS) A Risky Investment?

Recent updates

Would Focus Graphite (CVE:FMS) Be Better Off With Less Debt?

New major risk - Financial position

Focus Graphite Inc. Intersects 82.91 Metres at 13.81% Cg at the Lac Tetepisca Project in Quebec

Focus Graphite Inc., Annual General Meeting, Aug 29, 2024

New minor risk - Share price stability

Focus Graphite Inc. announced that it has received CAD 0.450002 million in funding

Does Focus Graphite (CVE:FMS) Have A Healthy Balance Sheet?

New major risk - Financial position

Focus Graphite Inc. announced that it has received CAD 0.3502 million in funding

We Think Focus Graphite (CVE:FMS) Has A Fair Chunk Of Debt

New major risk - Market cap size

Focus Graphite Reports Additional Significant Graphitic Carbon Intercepts from 2022 Deep Definition Drilling Program At Lac Tetepisca, Quebec, Including 91.26 M Grading 13.25% Cg in Hole Lt-22-22-129

Insufficient new directors

Is Focus Graphite (CVE:FMS) A Risky Investment?

Focus Graphite Inc., Annual General Meeting, Apr 19, 2023

Focus Graphite Inc. Reports Results First Five Holes from 2022 Exploration and Definition Drilling Program At Lac Tétépisca Graphite Project

Focus Graphite Inc. announced that it has received CAD 0.842616 million in funding

Focus Graphite Inc. announced that it expects to receive CAD 0.842 million in funding

Is Focus Graphite (CVE:FMS) A Risky Investment?

Focus Graphite Inc. Completes 2022 Exploration and Resource Definition Drilling Program at its Lac Tétépisca Project, Québec Ahead of Schedule and Under Budget

Is Focus Graphite (CVE:FMS) A Risky Investment?

Focus Graphite Inc. Begins Phase 2 (12,000 Metres) of Its 2022 Core Drilling Program on Its Lac Tétépisca Project

Focus Graphite (CVE:FMS) Has Debt But No Earnings; Should You Worry?

Focus Graphite Inc. Reports Its Maiden Mineral Resource Estimate for Its 100%-Owned Lac Tétépisca Graphite Project

Focus Graphite Inc. announced that it has received CAD 5.2 million in funding

Focus Graphite Inc. announced that it expects to receive CAD 4 million in funding

Focus Graphite Inc. announced that it expects to receive CAD 12 million in funding from Alumina Partners (Ontario) Ltd.

Focus Graphite Inc. Reports Final Results from Lac Tétépisca, Québec Drilling Program

Focus Graphite Inc. announced that it has received CAD 2 million in funding

Focus Graphite Inc. Announces the Results for the First Five Drill Holes from the Company's Fall 2020 Infill and Extension Core Drilling Program At Its Wholly Owned Lac Tétépisca Graphite Project

Focus Graphite Inc., Annual General Meeting, May 21, 2021

Chairman of the Board exercised options to buy CA$381k worth of stock.

Focus Graphite Inc. Provides Update on the Ongoing Efforts to Complete the Environmental and Social Impact Assessment (Esia) Study for Its Lac Knife Flake Graphite Project, Québec

Chairman of the Board exercised options to buy CA$1.3m worth of stock.

CEO & Director recently sold CA$457k worth of stock

New 90-day high: CA$0.25

Investissement Québec completed the definitive asset purchase agreement to acquire 50% interest in Kwyjibo Rare Earth Elements Project, Québec from Focus Graphite Inc. (TSXV:FMS).

An unknown buyer acquired Eastmain-Léran project of Focus Graphite Inc. (TSXV:FMS) for CAD 2.8 million.

Focus Graphite Inc. Announces the Appointment of Marc R. Roy as Chief Executive Officer

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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