FPX Nickel Balance Sheet Health
Financial Health criteria checks 5/6
FPX Nickel has a total shareholder equity of CA$74.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$78.1M and CA$3.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$38.72m |
Equity | CA$74.17m |
Total liabilities | CA$3.88m |
Total assets | CA$78.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPOC.F's short term assets (CA$39.3M) exceed its short term liabilities (CA$2.5M).
Long Term Liabilities: FPOC.F's short term assets (CA$39.3M) exceed its long term liabilities (CA$1.3M).
Debt to Equity History and Analysis
Debt Level: FPOC.F is debt free.
Reducing Debt: FPOC.F has no debt compared to 5 years ago when its debt to equity ratio was 226.8%.
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: FPOC.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FPOC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.4% each year