Trigg Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Trigg Minerals has a total shareholder equity of A$984.3K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.7M and A$760.6K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.56m |
| Equity | AU$984.26k |
| Total liabilities | AU$760.56k |
| Total assets | AU$1.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TMG's short term assets (A$1.7M) exceed its short term liabilities (A$760.6K).
Long Term Liabilities: TMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMG is debt free.
Reducing Debt: TMG 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: TMG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TMG has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 14.4% each year.