Forza Petroleum Balance Sheet Health
Financial Health criteria checks 6/6
Forza Petroleum has a total shareholder equity of $196.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $314.5M and $117.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$69.95m |
| Equity | US$196.55m |
| Total liabilities | US$117.91m |
| Total assets | US$314.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORXP.F's short term assets ($137.9M) exceed its short term liabilities ($98.7M).
Long Term Liabilities: ORXP.F's short term assets ($137.9M) exceed its long term liabilities ($19.2M).
Debt to Equity History and Analysis
Debt Level: ORXP.F is debt free.
Reducing Debt: ORXP.F has no debt compared to 5 years ago when its debt to equity ratio was 14.4%.
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: Whilst unprofitable ORXP.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORXP.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.6% per year.