Fireweed Metals Balance Sheet Health
Financial Health criteria checks 3/6
Fireweed Metals has a total shareholder equity of CA$32.6M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CA$39.5M and CA$6.9M respectively.
Key information
0.1%
Debt to equity ratio
CA$40.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.22m |
| Equity | CA$32.56m |
| Total liabilities | CA$6.90m |
| Total assets | CA$39.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FWZ's short term assets (CA$19.9M) exceed its short term liabilities (CA$5.9M).
Long Term Liabilities: FWZ's short term assets (CA$19.9M) exceed its long term liabilities (CA$1.0M).
Debt to Equity History and Analysis
Debt Level: FWZ has more cash than its total debt.
Reducing Debt: FWZ's debt to equity ratio has increased from 0% to 0.1% 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: FWZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FWZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.9% each year