New Talisman Gold Mines Balance Sheet Health
Financial Health criteria checks 5/6
New Talisman Gold Mines has a total shareholder equity of NZ$9.3M and total debt of NZ$1,000.0K, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are NZ$10.5M and NZ$1.2M respectively.
Key information
10.8%
Debt to equity ratio
NZ$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$1.61m |
| Equity | NZ$9.29m |
| Total liabilities | NZ$1.21m |
| Total assets | NZ$10.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTL's short term assets (NZ$2.0M) exceed its short term liabilities (NZ$1.2M).
Long Term Liabilities: NTL's short term assets (NZ$2.0M) exceed its long term liabilities (NZ$37.8K).
Debt to Equity History and Analysis
Debt Level: NTL has more cash than its total debt.
Reducing Debt: NTL's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
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: NTL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NTL has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 19.4% each year.