Focus Graphite Balance Sheet Health
Financial Health criteria checks 4/6
Focus Graphite has a total shareholder equity of CA$33.6M and total debt of CA$2.3M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CA$39.0M and CA$5.4M respectively.
Key information
6.8%
Debt to equity ratio
CA$2.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$290.03k |
| Equity | CA$33.63m |
| Total liabilities | CA$5.42m |
| Total assets | CA$39.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCSM.F's short term assets (CA$474.7K) do not cover its short term liabilities (CA$5.4M).
Long Term Liabilities: FCSM.F's short term assets (CA$474.7K) exceed its long term liabilities (CA$52.5K).
Debt to Equity History and Analysis
Debt Level: FCSM.F's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: FCSM.F's debt to equity ratio has increased from 0% to 6.8% 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: FCSM.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FCSM.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.