Taiton Resources Balance Sheet Health
Financial Health criteria checks 6/6
Taiton Resources has a total shareholder equity of A$6.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.7M and A$215.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.63m |
| Equity | AU$6.46m |
| Total liabilities | AU$215.28k |
| Total assets | AU$6.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T88's short term assets (A$4.7M) exceed its short term liabilities (A$215.3K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: T88 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 46.2% each year.