FPX Nickel Balance Sheet Health
Financial Health criteria checks 6/6
FPX Nickel has a total shareholder equity of CA$57.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$59.9M and CA$2.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$28.92m |
Equity | CA$57.57m |
Total liabilities | CA$2.33m |
Total assets | CA$59.89m |
Recent financial health updates
Here's Why We're Not Too Worried About FPX Nickel's (CVE:FPX) Cash Burn Situation
Jan 17FPX Nickel (CVE:FPX) Is In A Good Position To Deliver On Growth Plans
Sep 16We're Not Very Worried About FPX Nickel's (CVE:FPX) Cash Burn Rate
Apr 07We're Not Worried About FPX Nickel's (CVE:FPX) Cash Burn
Sep 13We're Interested To See How FPX Nickel (CVE:FPX) Uses Its Cash Hoard To Grow
Apr 28Companies Like FPX Nickel (CVE:FPX) Can Afford To Invest In Growth
Nov 16Recent updates
Here's Why We're Not Too Worried About FPX Nickel's (CVE:FPX) Cash Burn Situation
Jan 17FPX Nickel (CVE:FPX) Is In A Good Position To Deliver On Growth Plans
Sep 16We're Not Very Worried About FPX Nickel's (CVE:FPX) Cash Burn Rate
Apr 07We're Not Worried About FPX Nickel's (CVE:FPX) Cash Burn
Sep 13We're Interested To See How FPX Nickel (CVE:FPX) Uses Its Cash Hoard To Grow
Apr 28Companies Like FPX Nickel (CVE:FPX) Can Afford To Invest In Growth
Nov 16Should You Take Comfort From Insider Transactions At FPX Nickel Corp. (CVE:FPX)?
Feb 22What Type Of Shareholders Make Up FPX Nickel Corp.'s (CVE:FPX) Share Registry?
Dec 31Financial Position Analysis
Short Term Liabilities: FPX's short term assets (CA$29.8M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: FPX's short term assets (CA$29.8M) exceed its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: FPX is debt free.
Reducing Debt: FPX has no debt compared to 5 years ago when its debt to equity ratio was 280.5%.
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: FPX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FPX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.