First Nordic Metals Balance Sheet Health
Financial Health criteria checks 4/6
First Nordic Metals has a total shareholder equity of CA$44.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$503.1K and CA$458.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$128.24k |
Equity | CA$44.91k |
Total liabilities | CA$458.19k |
Total assets | CA$503.10k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEG0's short term assets (CA$503.1K) exceed its short term liabilities (CA$458.2K).
Long Term Liabilities: HEG0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HEG0 is debt free.
Reducing Debt: HEG0 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: HEG0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HEG0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.7% each year