FRMO Balance Sheet Health
Financial Health criteria checks 4/6
FRMO has a total shareholder equity of $357.8M and total debt of $676.5K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $388.5M and $30.7M respectively.
Key information
0.2%
Debt to equity ratio
US$676.54k
Debt
Interest coverage ratio | n/a |
Cash | US$229.00m |
Equity | US$357.83m |
Total liabilities | US$30.71m |
Total assets | US$388.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRMO's short term assets ($241.8M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: FRMO's short term assets ($241.8M) exceed its long term liabilities ($28.4M).
Debt to Equity History and Analysis
Debt Level: FRMO has more cash than its total debt.
Reducing Debt: FRMO's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: FRMO's debt is well covered by operating cash flow (548.5%).
Interest Coverage: Insufficient data to determine if FRMO's interest payments on its debt are well covered by EBIT.