FullNet Communications Balance Sheet Health
Financial Health criteria checks 6/6
FullNet Communications has a total shareholder equity of $1.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.4M and $1.8M respectively. FullNet Communications's EBIT is $512.2K making its interest coverage ratio -3.6. It has cash and short-term investments of $3.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.6x |
| Cash | US$3.13m |
| Equity | US$1.62m |
| Total liabilities | US$1.78m |
| Total assets | US$3.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FULO's short term assets ($3.2M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: FULO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FULO is debt free.
Reducing Debt: FULO currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: FULO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FULO has no debt, therefore coverage of interest payments is not a concern.