FEC Resources Balance Sheet Health
Financial Health criteria checks 2/6
FEC Resources has a total shareholder equity of $8.8M and total debt of $750.4K, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are $9.6M and $799.9K respectively.
Key information
8.5%
Debt to equity ratio
US$750.35k
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.82k |
| Equity | US$8.82m |
| Total liabilities | US$799.95k |
| Total assets | US$9.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECO.F's short term assets ($19.7K) do not cover its short term liabilities ($799.9K).
Long Term Liabilities: FECO.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FECO.F's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: FECO.F's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
Debt Coverage: FECO.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FECO.F's interest payments on its debt are well covered by EBIT.