Tombola Gold Balance Sheet Health
Financial Health criteria checks 4/6
Tombola Gold has a total shareholder equity of A$7.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.1M and A$2.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.08m |
Equity | AU$7.10m |
Total liabilities | AU$1.96m |
Total assets | AU$9.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TBA's short term assets (A$5.8M) exceed its short term liabilities (A$2.0M).
Long Term Liabilities: TBA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TBA is debt free.
Reducing Debt: TBA 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: TBA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TBA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.8% each year