Firering Strategic Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Firering Strategic Minerals has a total shareholder equity of €3.2M and total debt of €890.0K, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are €4.3M and €1.1M respectively.
Key information
27.9%
Debt to equity ratio
€890.00k
Debt
Interest coverage ratio | n/a |
Cash | €326.00k |
Equity | €3.19m |
Total liabilities | €1.09m |
Total assets | €4.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRG's short term assets (€361.0K) do not cover its short term liabilities (€368.0K).
Long Term Liabilities: FRG's short term assets (€361.0K) do not cover its long term liabilities (€724.0K).
Debt to Equity History and Analysis
Debt Level: FRG's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FRG'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 FRG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FRG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.