TerraCom Balance Sheet Health
Financial Health criteria checks 3/6
TerraCom has a total shareholder equity of A$174.3M and total debt of A$4.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are A$335.5M and A$161.2M respectively. TerraCom's EBIT is A$124.3M making its interest coverage ratio -30. It has cash and short-term investments of A$16.6M.
Key information
2.8%
Debt to equity ratio
AU$4.90m
Debt
Interest coverage ratio | -30x |
Cash | AU$16.61m |
Equity | AU$174.31m |
Total liabilities | AU$161.15m |
Total assets | AU$335.46m |
Recent financial health updates
Is TerraCom (ASX:TER) Using Too Much Debt?
Mar 21TerraCom (ASX:TER) Seems To Use Debt Quite Sensibly
Oct 07TerraCom (ASX:TER) Could Easily Take On More Debt
May 26Is TerraCom (ASX:TER) Using Too Much Debt?
Oct 08Recent updates
Is TerraCom (ASX:TER) Using Too Much Debt?
Mar 21Is Now The Time To Put TerraCom (ASX:TER) On Your Watchlist?
Jan 22TerraCom Limited (ASX:TER) Held Back By Insufficient Growth Even After Shares Climb 28%
Dec 22TerraCom (ASX:TER) Seems To Use Debt Quite Sensibly
Oct 07Here's Why We Think TerraCom (ASX:TER) Is Well Worth Watching
Sep 13TerraCom (ASX:TER) Could Easily Take On More Debt
May 26Does TerraCom (ASX:TER) Deserve A Spot On Your Watchlist?
Apr 20Is TerraCom (ASX:TER) Using Too Much Debt?
Oct 08TerraCom's (ASX:TER) Strong Earnings Are Of Good Quality
Mar 06Announcing: TerraCom (ASX:TER) Stock Increased An Energizing 143% In The Last Five Years
Dec 25Financial Position Analysis
Short Term Liabilities: TER's short term assets (A$60.0M) do not cover its short term liabilities (A$85.9M).
Long Term Liabilities: TER's short term assets (A$60.0M) do not cover its long term liabilities (A$75.2M).
Debt to Equity History and Analysis
Debt Level: TER has more cash than its total debt.
Reducing Debt: TER's debt to equity ratio has reduced from 439.5% to 2.8% over the past 5 years.
Debt Coverage: TER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TER earns more interest than it pays, so coverage of interest payments is not a concern.