Finlay Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Finlay Minerals has a total shareholder equity of CA$10.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$11.7M and CA$1.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$347.86k |
| Equity | CA$10.00m |
| Total liabilities | CA$1.73m |
| Total assets | CA$11.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIG's short term assets (CA$362.4K) exceed its short term liabilities (CA$105.5K).
Long Term Liabilities: FIG's short term assets (CA$362.4K) do not cover its long term liabilities (CA$1.6M).
Debt to Equity History and Analysis
Debt Level: FIG is debt free.
Reducing Debt: FIG 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: FIG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FIG has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 17.1% each year.