Foran Mining Balance Sheet Health
Financial Health criteria checks 4/6
Foran Mining has a total shareholder equity of CA$808.2M and total debt of CA$59.6M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CA$940.3M and CA$132.1M respectively.
Key information
7.4%
Debt to equity ratio
CA$59.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$424.79m |
| Equity | CA$808.25m |
| Total liabilities | CA$132.07m |
| Total assets | CA$940.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 48M's short term assets (CA$432.5M) exceed its short term liabilities (CA$71.7M).
Long Term Liabilities: 48M's short term assets (CA$432.5M) exceed its long term liabilities (CA$60.4M).
Debt to Equity History and Analysis
Debt Level: 48M has more cash than its total debt.
Reducing Debt: 48M's debt to equity ratio has increased from 0% to 7.4% 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: 48M has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 48M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.8% each year