Focus Graphite Balance Sheet Health
Financial Health criteria checks 2/6
Focus Graphite has a total shareholder equity of CA$33.9M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CA$39.5M and CA$5.6M respectively.
Key information
7.0%
Debt to equity ratio
CA$2.36m
Debt
Interest coverage ratio | n/a |
Cash | CA$711.36k |
Equity | CA$33.94m |
Total liabilities | CA$5.60m |
Total assets | CA$39.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCSM.F's short term assets (CA$1.1M) do not cover its short term liabilities (CA$5.5M).
Long Term Liabilities: FCSM.F's short term assets (CA$1.1M) exceed its long term liabilities (CA$52.5K).
Debt to Equity History and Analysis
Debt Level: FCSM.F's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: FCSM.F's debt to equity ratio has increased from 0.2% to 7% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FCSM.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.7% each year.