Tungsten Mining Balance Sheet Health
Financial Health criteria checks 6/6
Tungsten Mining has a total shareholder equity of A$29.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$32.0M and A$2.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.41m |
Equity | AU$29.66m |
Total liabilities | AU$2.35m |
Total assets | AU$32.02m |
Recent financial health updates
Tungsten Mining (ASX:TGN) Is In A Strong Position To Grow Its Business
May 24We're Not Worried About Tungsten Mining's (ASX:TGN) Cash Burn
Feb 09Here's Why We're Not At All Concerned With Tungsten Mining's (ASX:TGN) Cash Burn Situation
Oct 11Tungsten Mining (ASX:TGN) Is In A Strong Position To Grow Its Business
Jun 14We Think Tungsten Mining (ASX:TGN) Can Afford To Drive Business Growth
Jan 19We Think Tungsten Mining (ASX:TGN) Can Afford To Drive Business Growth
Sep 30Recent updates
Tungsten Mining (ASX:TGN) Is In A Strong Position To Grow Its Business
May 24We're Not Worried About Tungsten Mining's (ASX:TGN) Cash Burn
Feb 09Here's Why We're Not At All Concerned With Tungsten Mining's (ASX:TGN) Cash Burn Situation
Oct 11Tungsten Mining (ASX:TGN) Is In A Strong Position To Grow Its Business
Jun 14We Think Tungsten Mining (ASX:TGN) Can Afford To Drive Business Growth
Jan 19We Think Tungsten Mining (ASX:TGN) Can Afford To Drive Business Growth
Sep 30Tungsten Mining (ASX:TGN) Is In A Strong Position To Grow Its Business
May 14We Think Tungsten Mining (ASX:TGN) Can Easily Afford To Drive Business Growth
Jan 04Companies Like Tungsten Mining (ASX:TGN) Can Afford To Invest In Growth
Sep 21We're Not Very Worried About Tungsten Mining's (ASX:TGN) Cash Burn Rate
Jun 03How Much Of Tungsten Mining NL (ASX:TGN) Do Insiders Own?
Jan 21Financial Position Analysis
Short Term Liabilities: TGN's short term assets (A$10.0M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: TGN's short term assets (A$10.0M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: TGN is debt free.
Reducing Debt: TGN 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: TGN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TGN has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 13% each year.