Toro Energy Balance Sheet Health
Financial Health criteria checks 6/6
Toro Energy has a total shareholder equity of A$22.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.3M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.54m |
| Equity | AU$22.18m |
| Total liabilities | AU$1.16m |
| Total assets | AU$23.34m |
Recent financial health updates
Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Jan 19
Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Oct 06Is Toro Energy (ASX:TOE) In A Good Position To Deliver On Growth Plans?
Jun 22Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 09We're Not Very Worried About Toro Energy's (ASX:TOE) Cash Burn Rate
Nov 22We Think Toro Energy (ASX:TOE) Can Afford To Drive Business Growth
Jul 07Recent updates
Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Jan 19Will Toro Energy (ASX:TOE) Spend Its Cash Wisely?
Oct 06Is Toro Energy (ASX:TOE) In A Good Position To Deliver On Growth Plans?
Jun 22Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 09We're Not Very Worried About Toro Energy's (ASX:TOE) Cash Burn Rate
Nov 22We Think Toro Energy (ASX:TOE) Can Afford To Drive Business Growth
Jul 07Toro Energy (ASX:TOE) Is In A Good Position To Deliver On Growth Plans
Mar 16Is Toro Energy (ASX:TOE) Weighed On By Its Debt Load?
Oct 01Financial Position Analysis
Short Term Liabilities: TOE's short term assets (A$4.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: TOE's short term assets (A$4.9M) exceed its long term liabilities (A$1.1K).
Debt to Equity History and Analysis
Debt Level: TOE is debt free.
Reducing Debt: TOE has no debt compared to 5 years ago when its debt to equity ratio was 33.3%.
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: TOE has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TOE is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.