FRX Innovations Balance Sheet Health

Financial Health criteria checks 1/6

FRX Innovations has a total shareholder equity of $3.9M and total debt of $12.1M, which brings its debt-to-equity ratio to 310.7%. Its total assets and total liabilities are $20.6M and $16.7M respectively.

Key information

310.7%

Debt to equity ratio

US$12.10m

Debt

Interest coverage ration/a
CashUS$117.75k
EquityUS$3.90m
Total liabilitiesUS$16.70m
Total assetsUS$20.60m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: W2A's short term assets ($2.8M) do not cover its short term liabilities ($14.1M).

Long Term Liabilities: W2A's short term assets ($2.8M) exceed its long term liabilities ($2.6M).


Debt to Equity History and Analysis

Debt Level: W2A's net debt to equity ratio (307.6%) is considered high.

Reducing Debt: Insufficient data to determine if W2A's debt to equity ratio has reduced 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: Insufficient data to determine if W2A has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if W2A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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