Tennant Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Tennant Minerals has a total shareholder equity of A$4.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.7M and A$505.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.47m |
| Equity | AU$4.18m |
| Total liabilities | AU$505.76k |
| Total assets | AU$4.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMS's short term assets (A$4.7M) exceed its short term liabilities (A$505.8K).
Long Term Liabilities: TMS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMS is debt free.
Reducing Debt: TMS 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: TMS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TMS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.1% each year