Freeman Gold Balance Sheet Health
Financial Health criteria checks 6/6
Freeman Gold has a total shareholder equity of CA$26.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$28.1M and CA$1.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.72m |
| Equity | CA$26.82m |
| Total liabilities | CA$1.30m |
| Total assets | CA$28.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMAN.F's short term assets (CA$1.8M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: FMAN.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FMAN.F is debt free.
Reducing Debt: FMAN.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: FMAN.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FMAN.F is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.