FRMO Balance Sheet Health
Financial Health criteria checks 4/6
FRMO has a total shareholder equity of $503.1M and total debt of $660.6K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are $548.3M and $45.2M respectively.
Key information
0.1%
Debt to equity ratio
US$660.63k
Debt
| Interest coverage ratio | n/a |
| Cash | US$352.82m |
| Equity | US$503.15m |
| Total liabilities | US$45.20m |
| Total assets | US$548.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRMO's short term assets ($366.0M) exceed its short term liabilities ($2.9M).
Long Term Liabilities: FRMO's short term assets ($366.0M) exceed its long term liabilities ($42.3M).
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 0.1% over the past 5 years.
Debt Coverage: FRMO's debt is well covered by operating cash flow (1122.2%).
Interest Coverage: Insufficient data to determine if FRMO's interest payments on its debt are well covered by EBIT.