Fobi AI Balance Sheet Health
Financial Health criteria checks 5/6
Fobi AI has a total shareholder equity of CA$1.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.6M and CA$3.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$183.89k |
Equity | CA$1.05m |
Total liabilities | CA$3.51m |
Total assets | CA$4.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOBI's short term assets (CA$1.0M) do not cover its short term liabilities (CA$2.6M).
Long Term Liabilities: FOBI's short term assets (CA$1.0M) exceed its long term liabilities (CA$910.4K).
Debt to Equity History and Analysis
Debt Level: FOBI is debt free.
Reducing Debt: FOBI has no debt compared to 5 years ago when its debt to equity ratio was 48.2%.
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: FOBI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FOBI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.