Thor Energy Balance Sheet Health
Financial Health criteria checks 4/6
Thor Energy has a total shareholder equity of £13.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.4M and £222.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£525.00k |
Equity | UK£13.19m |
Total liabilities | UK£222.00k |
Total assets | UK£13.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THR's short term assets (£601.0K) exceed its short term liabilities (£198.0K).
Long Term Liabilities: THR's short term assets (£601.0K) exceed its long term liabilities (£24.0K).
Debt to Equity History and Analysis
Debt Level: THR is debt free.
Reducing Debt: THR 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: THR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: THR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.8% each year