Triton Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Triton Minerals has a total shareholder equity of A$28.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$30.0M and A$1.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$2.63m |
Equity | AU$28.52m |
Total liabilities | AU$1.48m |
Total assets | AU$30.00m |
Recent financial health updates
Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Aug 09Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Apr 09Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Nov 05Companies Like Triton Minerals (ASX:TON) Are In A Position To Invest In Growth
Jul 21We Think Triton Minerals (ASX:TON) Can Afford To Drive Business Growth
Apr 07Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Aug 09Recent updates
Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Aug 09Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Apr 09Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Nov 05Companies Like Triton Minerals (ASX:TON) Are In A Position To Invest In Growth
Jul 21We Think Triton Minerals (ASX:TON) Can Afford To Drive Business Growth
Apr 07Here's Why We're Watching Triton Minerals' (ASX:TON) Cash Burn Situation
Aug 09Financial Position Analysis
Short Term Liabilities: TON's short term assets (A$3.5M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: TON's short term assets (A$3.5M) exceed its long term liabilities (A$246.2K).
Debt to Equity History and Analysis
Debt Level: TON is debt free.
Reducing Debt: TON 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: TON has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TON has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.3% each year.