Taruga Minerals Balance Sheet Health

Financial Health criteria checks 5/6

Taruga Minerals has a total shareholder equity of A$12.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.5M and A$138.7K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$2.61m
EquityAU$12.33m
Total liabilitiesAU$138.73k
Total assetsAU$12.47m

Recent financial health updates

Recent updates

Estimating The Intrinsic Value Of Taruga Minerals Limited (ASX:TAR)

Jun 13
Estimating The Intrinsic Value Of Taruga Minerals Limited (ASX:TAR)

We're Not Very Worried About Taruga Minerals' (ASX:TAR) Cash Burn Rate

Sep 27
We're Not Very Worried About Taruga Minerals' (ASX:TAR) Cash Burn Rate

We're Hopeful That Taruga Minerals (ASX:TAR) Will Use Its Cash Wisely

Apr 21
We're Hopeful That Taruga Minerals (ASX:TAR) Will Use Its Cash Wisely

Financial Position Analysis

Short Term Liabilities: TAR's short term assets (A$2.7M) exceed its short term liabilities (A$138.7K).

Long Term Liabilities: TAR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAR is debt free.

Reducing Debt: TAR has not had any debt for 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: TAR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.5% each year


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