Trigg Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Trigg Minerals has a total shareholder equity of A$2.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.9M and A$210.1K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.71m |
Equity | AU$2.68m |
Total liabilities | AU$210.06k |
Total assets | AU$2.89m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TMG's short term assets (A$2.8M) exceed its short term liabilities (A$210.1K).
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 1.1 years if free cash flow continues to reduce at historical rates of 22.2% each year.