Taiton Resources Balance Sheet Health
Financial Health criteria checks 4/6
Taiton Resources has a total shareholder equity of A$5.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.0M and A$236.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.52m |
Equity | AU$5.77m |
Total liabilities | AU$236.62k |
Total assets | AU$6.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T88's short term assets (A$2.7M) exceed its short term liabilities (A$236.6K).
Long Term Liabilities: T88 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: T88 is debt free.
Reducing Debt: T88 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: T88 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: T88 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.3% each year