Tartana Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Tartana Minerals has a total shareholder equity of A$5.9M and total debt of A$1.8M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are A$12.4M and A$6.5M respectively.
Key information
29.8%
Debt to equity ratio
AU$1.77m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$125.95k |
| Equity | AU$5.94m |
| Total liabilities | AU$6.50m |
| Total assets | AU$12.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAT's short term assets (A$619.0K) do not cover its short term liabilities (A$4.4M).
Long Term Liabilities: TAT's short term assets (A$619.0K) do not cover its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: TAT's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: TAT's debt to equity ratio has increased from 7.4% to 29.8% 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: TAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.3% each year