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 ration/a
CashAU$31.77m
EquityAU$46.37m
Total liabilitiesAU$5.36m
Total assetsAU$51.73m

Recent financial health updates

Recent updates

We're Not Very Worried About Tanami Gold's (ASX:TAM) Cash Burn Rate

Jul 26
We're Not Very Worried About Tanami Gold's (ASX:TAM) Cash Burn Rate

Companies Like Tanami Gold (ASX:TAM) Are In A Position To Invest In Growth

Apr 02
Companies Like Tanami Gold (ASX:TAM) Are In A Position To Invest In Growth

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


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