Forsys Metals Balance Sheet Health
Financial Health criteria checks 4/6
Forsys Metals has a total shareholder equity of CA$22.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$23.0M and CA$734.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.23m |
| Equity | CA$22.25m |
| Total liabilities | CA$734.37k |
| Total assets | CA$22.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOSY.F's short term assets (CA$5.9M) exceed its short term liabilities (CA$734.4K).
Long Term Liabilities: FOSY.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FOSY.F is debt free.
Reducing Debt: FOSY.F had no debt 5 years ago.
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: FOSY.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FOSY.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.8% each year