TrivarX Balance Sheet Health
Financial Health criteria checks 5/6
TrivarX has a total shareholder equity of A$6.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.0M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$214.11k |
| Equity | AU$6.34m |
| Total liabilities | AU$1.69m |
| Total assets | AU$8.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRIDB's short term assets (A$281.7K) do not cover its short term liabilities (A$1.7M).
Long Term Liabilities: TRIDB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRIDB is debt free.
Reducing Debt: TRIDB has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
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: TRIDB has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TRIDB is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.