TG Metals Balance Sheet Health
Financial Health criteria checks 6/6
TG Metals has a total shareholder equity of A$13.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.0M and A$140.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$10.84m |
| Equity | AU$13.89m |
| Total liabilities | AU$140.43k |
| Total assets | AU$14.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TG6's short term assets (A$11.0M) exceed its short term liabilities (A$140.4K).
Long Term Liabilities: TG6 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TG6 is debt free.
Reducing Debt: TG6 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: TG6 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TG6 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 76.3% each year.