TechGen Metals Balance Sheet Health
Financial Health criteria checks 6/6
TechGen Metals has a total shareholder equity of A$6.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.9M and A$130.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.35m |
| Equity | AU$6.72m |
| Total liabilities | AU$130.71k |
| Total assets | AU$6.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TG1's short term assets (A$2.5M) exceed its short term liabilities (A$130.7K).
Long Term Liabilities: TG1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TG1 is debt free.
Reducing Debt: TG1 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: TG1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TG1 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.