Fec Resources Financials
This page shows Fec Resources (FECOF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Fec Resources passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Fec Resources generates $-0.64 in operating cash flow (-$157K OCF vs $244K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Fec Resources reported $244K in net income in fiscal year 2024. This represents an increase of 27.4% from the prior year.
Cash & Balance Sheet
Fec Resources held $6K in cash against $0 in long-term debt as of fiscal year 2024.
Fec Resources had 861M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Margins & Returns
Fec Resources's ROE was 3.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 7.5 percentage points from the prior year.
Capital Allocation
FECOF Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
FECOF Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Total Assets | $8.6M+246.3% | $2.5M+8.7% | $2.3M+4.5% | $2.2M-8.3% | $2.4M |
| Current Assets | $14K-14.4% | $17K-96.3% | $445K+28.3% | $347K-36.3% | $544K |
| Cash & Equivalents | $6K-22.3% | $7K-43.3% | $13K-88.5% | $114K-37.1% | $181K |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $937K+34.8% | $695K+128.2% | $305K+2187.1% | $13K-68.8% | $43K |
| Current Liabilities | $937K+34.8% | $695K+128.2% | $305K+2187.1% | $13K-68.8% | $43K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $7.6M+328.7% | $1.8M-9.7% | $2.0M-8.9% | $2.2M-7.2% | $2.3M |
| Retained Earnings | -$19.1M-1.3% | -$18.9M-1.0% | -$18.7M-1.0% | -$18.5M-0.9% | -$18.3M |
FECOF Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
FECOF Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.020.0 | 0.02-1.4 | 1.46-24.6 | 26.02+13.3 | 12.73 |
| Debt-to-Equity | 0.12-0.3 | 0.39+0.2 | 0.15+0.1 | 0.01-0.0 | 0.02 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Fec Resources profitable?
Yes, Fec Resources (FECOF) reported a net income of $244K in fiscal year 2024.
What is Fec Resources's return on equity (ROE)?
Fec Resources (FECOF) has a return on equity of 3.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Fec Resources's operating cash flow?
Fec Resources (FECOF) generated -$157K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Fec Resources's total assets?
Fec Resources (FECOF) had $8.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Fec Resources's current ratio?
Fec Resources (FECOF) had a current ratio of 0.02 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Fec Resources's debt-to-equity ratio?
Fec Resources (FECOF) had a debt-to-equity ratio of 0.12 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Fec Resources's return on assets (ROA)?
Fec Resources (FECOF) had a return on assets of 2.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Fec Resources's cash runway?
Based on fiscal year 2024 data, Fec Resources (FECOF) had $6K in cash against an annual operating cash burn of $157K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Fec Resources's Piotroski F-Score?
Fec Resources (FECOF) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Fec Resources's earnings high quality?
Fec Resources (FECOF) has an earnings quality ratio of -0.64x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.