Ferro-Alloy Resources Balance Sheet Health
Financial Health criteria checks 1/6
Ferro-Alloy Resources has a total shareholder equity of $10.2M and total debt of $7.4M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are $20.0M and $9.8M respectively.
Key information
72.4%
Debt to equity ratio
US$7.39m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.95m |
| Equity | US$10.22m |
| Total liabilities | US$9.80m |
| Total assets | US$20.02m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FAR's short term assets ($6.0M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: FAR's short term assets ($6.0M) do not cover its long term liabilities ($7.4M).
Debt to Equity History and Analysis
Debt Level: FAR's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: FAR's debt to equity ratio has increased from 0% to 72.4% 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: FAR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.2% each year