Freeport Resources Balance Sheet Health
Financial Health criteria checks 6/6
Freeport Resources has a total shareholder equity of CA$661.8K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$778.2K and CA$116.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$633.46k |
| Equity | CA$661.79k |
| Total liabilities | CA$116.39k |
| Total assets | CA$778.18k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4XH's short term assets (CA$778.2K) exceed its short term liabilities (CA$116.4K).
Long Term Liabilities: 4XH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4XH is debt free.
Reducing Debt: 4XH currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: 4XH has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 4XH is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.