Fairchild Gold Balance Sheet Health

Financial Health criteria checks 2/6

Fairchild Gold has a total shareholder equity of CA$-50.3K and total debt of CA$56.4K, which brings its debt-to-equity ratio to -112%. Its total assets and total liabilities are CA$484.1K and CA$534.4K respectively.

Key information

-112.0%

Debt to equity ratio

CA$56.38k

Debt

Interest coverage ration/a
CashCA$375.00
Equity-CA$50.34k
Total liabilitiesCA$534.41k
Total assetsCA$484.06k

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: Y4Y has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: Y4Y has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: Y4Y has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: Y4Y's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Y4Y has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: Y4Y is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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