Toro Energy Balance Sheet Health
Financial Health criteria checks 5/6
Toro Energy has a total shareholder equity of A$30.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$31.5M and A$1.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$12.73m |
| Equity | AU$30.40m |
| Total liabilities | AU$1.09m |
| Total assets | AU$31.49m |
Recent financial health updates
We're Hopeful That Toro Energy (ASX:TOE) Will Use Its Cash Wisely
Oct 01
Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Jan 19Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Oct 06Is Toro Energy (ASX:TOE) In A Good Position To Deliver On Growth Plans?
Jun 22Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 09We're Not Very Worried About Toro Energy's (ASX:TOE) Cash Burn Rate
Nov 22Recent updates
We're Hopeful That Toro Energy (ASX:TOE) Will Use Its Cash Wisely
Oct 01Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Jan 19Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Oct 06Is Toro Energy (ASX:TOE) In A Good Position To Deliver On Growth Plans?
Jun 22Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 09We're Not Very Worried About Toro Energy's (ASX:TOE) Cash Burn Rate
Nov 22We Think Toro Energy (ASX:TOE) Can Afford To Drive Business Growth
Jul 07Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 16Is Toro Energy (ASX:TOE) Weighed On By Its Debt Load?
Oct 01Financial Position Analysis
Short Term Liabilities: TOE's short term assets (A$13.0M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: TOE's short term assets (A$13.0M) exceed its long term liabilities (A$12.0).
Debt to Equity History and Analysis
Debt Level: TOE is debt free.
Reducing Debt: TOE has no debt compared to 5 years ago when its debt to equity ratio was 33.9%.
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: TOE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TOE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.1% each year