Thorney Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Thorney Technologies has a total shareholder equity of A$117.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$118.4M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$72.07m |
| Equity | AU$117.17m |
| Total liabilities | AU$1.19m |
| Total assets | AU$118.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TEK's short term assets (A$73.3M) exceed its short term liabilities (A$1.2M).
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.
Debt Coverage: TEK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TEK has no debt, therefore coverage of interest payments is not a concern.