FPX Nickel Balance Sheet Health
Financial Health criteria checks 6/6
FPX Nickel has a total shareholder equity of CA$57.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$59.9M and CA$2.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$28.92m |
| Equity | CA$57.57m |
| Total liabilities | CA$2.33m |
| Total assets | CA$59.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FP5's short term assets (CA$29.8M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: FP5's short term assets (CA$29.8M) exceed its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: FP5 is debt free.
Reducing Debt: FP5 has no debt compared to 5 years ago when its debt to equity ratio was 280.5%.
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: FP5 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FP5 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.