Taiton Resources Balance Sheet Health

Financial Health criteria checks 6/6

Taiton Resources has a total shareholder equity of A$5.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$5.4M and A$219.9K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.16m
EquityAU$5.17m
Total liabilitiesAU$219.87k
Total assetsAU$5.39m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: T88's short term assets (A$1.2M) exceed its short term liabilities (A$219.9K).

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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: T88 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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