Touch Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Touch Ventures has a total shareholder equity of A$108.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$109.6M and A$638.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$58.17m |
Equity | AU$108.94m |
Total liabilities | AU$638.00k |
Total assets | AU$109.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVL's short term assets (A$59.8M) exceed its short term liabilities (A$631.0K).
Long Term Liabilities: TVL's short term assets (A$59.8M) exceed its long term liabilities (A$7.0K).
Debt to Equity History and Analysis
Debt Level: TVL is debt free.
Reducing Debt: TVL has not had any debt for past 5 years.
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: TVL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TVL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 36.2% each year