Tanami Gold Balance Sheet Health
Financial Health criteria checks 6/6
Tanami Gold has a total shareholder equity of A$49.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$53.3M and A$4.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$33.22m |
Equity | AU$49.09m |
Total liabilities | AU$4.19m |
Total assets | AU$53.28m |
Financial Position Analysis
Short Term Liabilities: TAM's short term assets (A$37.2M) exceed its short term liabilities (A$204.0K).
Long Term Liabilities: TAM's short term assets (A$37.2M) exceed its long term liabilities (A$4.0M).
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 36.6% each year