Tenth Avenue Petroleum Balans Gezondheid

Financiële gezondheid criteriumcontroles 4/6

Tenth Avenue Petroleum has a total shareholder equity of CA$1.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.0M and CA$4.7M respectively.

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Verhouding schuld/eigen vermogen

CA$0

Schuld

Rente dekkingsratio	n/a
Contant	CA$240.48k
Aandelen	CA$1.29m
Totaal verplichtingen	CA$4.67m
Totaal activa	CA$5.96m

Recente financiële gezondheidsupdates

Geen updates

Recent updates

Analyse van de financiële positie

Kortlopende schulden: TPC's short term assets (CA$915.1K) do not cover its short term liabilities (CA$1.2M).

Langlopende schulden: TPC's short term assets (CA$915.1K) do not cover its long term liabilities (CA$3.5M).

Schuld/ eigen vermogen geschiedenis en analyse

Schuldniveau: TPC is debt free.

Schuld verminderen: TPC has no debt compared to 5 years ago when its debt to equity ratio was 4810.2%.

Balans

Analyse van de cashflow

Voor bedrijven die in het verleden gemiddeld verliesgevend zijn geweest, beoordelen we of ze ten minste 1 jaar kasstroom hebben.

Stabiele cash runway: Whilst unprofitable TPC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Voorspelling contante baan: TPC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.8% per year.

Tenth Avenue Petroleum Balans Gezondheid

Financiële gezondheid criteriumcontroles 4/6

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Recente financiële gezondheidsupdates

Recent updates

Tenth Avenue Petroleum Corp. (TSXV:TPC) y has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million.

Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 1.7 million in funding

Tenth Avenue Petroleum Corp., Annual General Meeting, Nov 27, 2024

Second quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.012 loss in 2Q 2023)

Tenth Avenue Petroleum Announces Murray Lake Operational Update & Increases Injection Capacity with New Horizontal Well

First quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.04 loss per share (vs CA$0.067 loss in FY 2022)

Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.005 profit in 2Q 2022)

Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 12, 2023

Tenth Avenue Petroleum Corp. Announces Chief Financial Officer Changes

High number of new and inexperienced directors

Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire light oil, high netback asset in Southern Alberta from Danzig Resources Ltd. for CAD 0.76 million.

Tenth Avenue Petroleum Corp. Announces Project Update Including Successful Completion of Facility Upgrades and Cost Reductions

Full year 2021 earnings released: EPS: CA$0.03 (vs CA$0.014 loss in FY 2020)

High number of new and inexperienced directors

Tenth Avenue Petroleum Corp. acquired Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.

Tenth Avenue Petroleum Corp. acquired Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.

Tenth Avenue Petroleum Corp. announced that it has received CAD 3.13875 million in funding

Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 3 million in funding

Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

No independent directors

Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2020)

Full year 2020 earnings released: CA$0.01 loss per share (vs CA$0.05 loss in FY 2019)

Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 0.5 million in funding

Tenth Avenue Petroleum Corp., Annual General Meeting, Apr 30, 2021

Third quarter 2020 earnings released: CA$0.008 loss per share

First half earnings released

Analyse van de financiële positie

Schuld/ eigen vermogen geschiedenis en analyse

Balans

Analyse van de cashflow

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