Future Metals Balance Sheet Health
Financial Health criteria checks 5/6
Future Metals has a total shareholder equity of A$17.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.6M and A$944.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$606.45k |
| Equity | AU$17.67m |
| Total liabilities | AU$944.56k |
| Total assets | AU$18.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3R10's short term assets (A$683.3K) do not cover its short term liabilities (A$782.1K).
Long Term Liabilities: 3R10's short term assets (A$683.3K) exceed its long term liabilities (A$162.5K).
Debt to Equity History and Analysis
Debt Level: 3R10 is debt free.
Reducing Debt: 3R10 has not had any debt for 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: 3R10 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 3R10 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.