TMK Energy Balance Sheet Health
Financial Health criteria checks 6/6
TMK Energy has a total shareholder equity of A$19.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.3M and A$424.0K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.71m |
| Equity | AU$19.84m |
| Total liabilities | AU$423.98k |
| Total assets | AU$20.27m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TMK's short term assets (A$1.8M) exceed its short term liabilities (A$424.0K).
Long Term Liabilities: TMK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMK is debt free.
Reducing Debt: TMK had no debt 5 years ago.
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: TMK has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMK is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.