Balance Sheet

Last updated: 6 Sep 2025

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has 's balance sheet done over the years? Its assets were worth $26,864,000 last year, which is less than in the previous period. 143% of ’s total assets is currently financed by debt. Its liabilities reached the amount of $38,486,000, which means an increase by 30% compared compared to last year.

Debt to Assets

Quarters Years

(TSX:FRX.TO): Debt to assets
2014	2372000	1.75M	74.16%
2015	1019000	471K	46.22%
2016	3972000	402K	10.12%
2017	28401000	1.64M	5.79%
2018	22950000	1.63M	7.13%
2019	14146000	2.27M	16.05%
2020	31417000	2.34M	7.47%
2021	22414000	6.64M	29.63%
2022	26939000	29.50M	109.54%
2023	26864000	38.48M	143.26%

FRX.TO Balance Sheet (2014 – 2023)

Quarters Years

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Assets
Current assets:
Cash and cash equivalents	13.26M	23.77M	21.1M	30.34M	13.65M	22.78M	28.26M	3.92M	942K	2.30M
Short term investments	0	0	0	0	0	0	0	0	0	0
Net receivables	8.81M	1.54M	0	0	0	0	0	0	0	0
Inventory	2.15M	576K	0	0	0	0	0	0	0	0
Other current assets	2.61M	63K	253K	276K	234K	169K	141K	3K	77K	65K
Total current assets	26.85M	26.72M	22.38M	31.41M	13.88M	22.95M	28.40M	3.97M	1.01M	2.37M

Non-current assets:
Property, Plant and Equipment	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible assets	0	0	0	0	0	0	0	0	0	0
Long term investments	0	0	0	0	0	0	0	0	0	0
Other non-current assets	6K	211K	27K	0	262K	0	0	0	0	0
Total non-current assets	6K	211K	27K	0	262K	0	0	0	0	0
Total assets	26.86M	26.93M	22.41M	31.41M	14.14M	22.95M	28.40M	3.97M	1.01M	2.37M

Liabilities
Current liabilities:
Accounts payable
Deferred revenue	0	0	0	0	0	0	0	0	0	0
Short term debt	21K	0	0	0	0	0	0	0	0	0
Total current liabilities	7.55M	4.60M	1.65M	2.34M	2.27M	1.63M	1.64M	402K	471K	1.75M

Non-current liabilities:
Long term debt	30.93M	24.89M	4.98M	0	0	0	0	0	0	0
Deferred tax	0	0	0	0	0	0	0	0	0	0
Other non-current liabilities	0	-24.89M	-4.98M	0	0	1.03M	0	244K	0	0
Total non-current liabilities	30.93M	24.89M	4.98M	0	0	1.03M	855K	244K	297K	308K
Total liabilities	38.48M	29.50M	6.64M	2.34M	2.27M	1.63M	1.64M	402K	471K	1.75M

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