Thorney Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Thorney Technologies has a total shareholder equity of A$103.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$104.5M and A$1.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$68.80m |
| Equity | AU$103.23m |
| Total liabilities | AU$1.26m |
| Total assets | AU$104.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TEK's short term assets (A$70.1M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: TEK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TEK is debt free.
Reducing Debt: TEK had no debt 5 years ago.
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: TEK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TEK has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 11.8% each year.