Freeport Resources Balance Sheet Health
Financial Health criteria checks 6/6
Freeport Resources has a total shareholder equity of CA$2.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.3M and CA$145.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.04m |
Equity | CA$2.11m |
Total liabilities | CA$145.71k |
Total assets | CA$2.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FEER.F's short term assets (CA$2.3M) exceed its short term liabilities (CA$145.7K).
Long Term Liabilities: FEER.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FEER.F is debt free.
Reducing Debt: FEER.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: FEER.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FEER.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 30.5% each year.