Falcon Oil & Gas Balance Sheet Health
Financial Health criteria checks 5/6
Falcon Oil & Gas has a total shareholder equity of $43.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $61.5M and $18.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$7.99m |
Equity | US$43.00m |
Total liabilities | US$18.54m |
Total assets | US$61.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOLG.F's short term assets ($8.0M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: FOLG.F's short term assets ($8.0M) do not cover its long term liabilities ($16.2M).
Debt to Equity History and Analysis
Debt Level: FOLG.F is debt free.
Reducing Debt: FOLG.F has not had any debt for 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: FOLG.F has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FOLG.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 11% each year.