First Graphene Balance Sheet Health
Financial Health criteria checks 5/6
First Graphene has a total shareholder equity of A$8.0M and total debt of A$2.7M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are A$11.7M and A$3.6M respectively.
Key information
34.2%
Debt to equity ratio
AU$2.75m
Debt
Interest coverage ratio | n/a |
Cash | AU$4.44m |
Equity | AU$8.04m |
Total liabilities | AU$3.63m |
Total assets | AU$11.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M11's short term assets (A$6.3M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: M11's short term assets (A$6.3M) exceed its long term liabilities (A$389.7K).
Debt to Equity History and Analysis
Debt Level: M11 has more cash than its total debt.
Reducing Debt: M11's debt to equity ratio has increased from 9.3% to 34.2% 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: M11 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: M11 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 7.5% each year.