Truscott Mining Balance Sheet Health
Financial Health criteria checks 4/6
Truscott Mining has a total shareholder equity of A$1.0M and total debt of A$450.5K, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are A$2.9M and A$1.9M respectively.
Key information
44.0%
Debt to equity ratio
AU$450.50k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$60.00k |
| Equity | AU$1.02m |
| Total liabilities | AU$1.92m |
| Total assets | AU$2.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRM's short term assets (A$145.6K) do not cover its short term liabilities (A$1.9M).
Long Term Liabilities: TRM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRM's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: TRM's debt to equity ratio has increased from 4% to 44% 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TRM is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.