FEC Resources Balance Sheet Health
Financial Health criteria checks 2/6
FEC Resources has a total shareholder equity of $1.8M and total debt of $678.2K, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $2.5M and $695.2K respectively.
Key information
38.0%
Debt to equity ratio
US$678.16k
Debt
Interest coverage ratio | n/a |
Cash | US$7.41k |
Equity | US$1.78m |
Total liabilities | US$695.20k |
Total assets | US$2.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECO.F's short term assets ($16.6K) do not cover its short term liabilities ($695.2K).
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 (37.6%) is considered satisfactory.
Reducing Debt: FECO.F's debt to equity ratio has increased from 0% to 38% 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: FECO.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FECO.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.6% each year.