Fobi AI Balance Sheet Health
Financial Health criteria checks 5/6
Fobi AI has a total shareholder equity of CA$2.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.2M and CA$2.6M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.16m |
| Equity | CA$2.61m |
| Total liabilities | CA$2.62m |
| Total assets | CA$5.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOBI.F's short term assets (CA$1.7M) do not cover its short term liabilities (CA$1.7M).
Long Term Liabilities: FOBI.F's short term assets (CA$1.7M) exceed its long term liabilities (CA$910.4K).
Debt to Equity History and Analysis
Debt Level: FOBI.F is debt free.
Reducing Debt: FOBI.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: FOBI.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FOBI.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.