Terra Metals Balance Sheet Health
Financial Health criteria checks 5/6
Terra Metals has a total shareholder equity of A$4.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.4M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$648.42k |
| Equity | AU$4.84m |
| Total liabilities | AU$1.52m |
| Total assets | AU$6.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TM1's short term assets (A$957.1K) do not cover its short term liabilities (A$1.5M).
Long Term Liabilities: TM1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TM1 is debt free.
Reducing Debt: TM1 has no debt compared to 5 years ago when its debt to equity ratio was 87.2%.
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: TM1 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TM1 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.