Truscott Mining Balance Sheet Health
Financial Health criteria checks 2/6
Truscott Mining has a total shareholder equity of A$1.2M and total debt of A$450.5K, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are A$3.0M and A$1.8M respectively.
Key information
38.2%
Debt to equity ratio
AU$450.50k
Debt
Interest coverage ratio | n/a |
Cash | AU$193.21k |
Equity | AU$1.18m |
Total liabilities | AU$1.82m |
Total assets | AU$3.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRM's short term assets (A$257.6K) do not cover its short term liabilities (A$1.8M).
Long Term Liabilities: TRM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRM's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: TRM's debt to equity ratio has increased from 1.4% to 38.2% over the 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: TRM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.5% each year