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 ration/a
CashCA$38.72m
EquityCA$74.17m
Total liabilitiesCA$3.88m
Total assetsCA$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


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