Terrain Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Terrain Minerals has a total shareholder equity of A$4.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.1M and A$48.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$932.42k |
Equity | AU$4.06m |
Total liabilities | AU$48.72k |
Total assets | AU$4.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TMX's short term assets (A$984.1K) exceed its short term liabilities (A$48.7K).
Long Term Liabilities: TMX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMX is debt free.
Reducing Debt: TMX 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: TMX has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMX has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 23.5% each year.