Tanami Gold Balance Sheet Health
Financial Health criteria checks 6/6
Tanami Gold has a total shareholder equity of A$46.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$51.7M and A$5.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$31.77m |
Equity | AU$46.37m |
Total liabilities | AU$5.36m |
Total assets | AU$51.73m |
Financial Position Analysis
Short Term Liabilities: TAM's short term assets (A$35.6M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: TAM's short term assets (A$35.6M) exceed its long term liabilities (A$4.2M).
Debt to Equity History and Analysis
Debt Level: TAM is debt free.
Reducing Debt: TAM 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: TAM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TAM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 43.5% each year