FRNT Financial Balance Sheet Health
Financial Health criteria checks 6/6
FRNT Financial has a total shareholder equity of CA$4.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.7M and CA$337.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.94m |
| Equity | CA$4.36m |
| Total liabilities | CA$337.56k |
| Total assets | CA$4.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XZ3's short term assets (CA$4.3M) exceed its short term liabilities (CA$337.6K).
Long Term Liabilities: XZ3 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XZ3 is debt free.
Reducing Debt: XZ3 has no debt compared to 5 years ago when its debt to equity ratio was 61%.
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: XZ3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: XZ3 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 29.7% each year.