First Au Balance Sheet Health

Financial Health criteria checks 6/6

First Au has a total shareholder equity of A$2.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.3M and A$226.1K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$280.93k
Equity	AU$2.08m
Total liabilities	AU$226.14k
Total assets	AU$2.30m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FRSA.F's short term assets (A$330.9K) exceed its short term liabilities (A$226.1K).

Long Term Liabilities: FRSA.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: FRSA.F is debt free.

Reducing Debt: FRSA.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: FRSA.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: FRSA.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.

First Au Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.325 million.

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited, Annual General Meeting, May 16, 2024

First Au Limited Announces Appointment of Xavier Braud as Non-Executive Director

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

First Au Limited Announces Change of Company Secretary

First Au Limited Announces Change of Company Secretary

Octava Minerals Limited (ASX:OCT) entered into agreement to acquire 30% stake in Talga Project for AUD 0.3 million.

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

Talisman Mining Limited (ASX:TLM) acquired Mabel Creek IOCG Project from First Au Limited (ASX:FAU).

First Au Limited Announces Executive Changes

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited Receives Requisition Resolutions from 7 Enterprises Pty Ltd

First Au Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

First Au Limited announced that it expects to receive AUD 1.5 million in funding

First Au Limited Provides the Update on Further Assay Results from the Dogwood Porphyry Copper and Gold Project

First Au Limited Announces Board Changes

First Au Limited Announces Resignation of Bryan Frost as Executive Chairman and Managing Director, Effective on 18 November 2022

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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