Tesoro Gold Balance Sheet Health
Financial Health criteria checks 6/6
Tesoro Gold has a total shareholder equity of A$38.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$39.3M and A$505.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.20m |
| Equity | AU$38.79m |
| Total liabilities | AU$505.24k |
| Total assets | AU$39.29m |
Financial Position Analysis
Short Term Liabilities: TSO's short term assets (A$2.7M) exceed its short term liabilities (A$498.5K).
Long Term Liabilities: TSO's short term assets (A$2.7M) exceed its long term liabilities (A$6.8K).
Debt to Equity History and Analysis
Debt Level: TSO is debt free.
Reducing Debt: TSO has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.
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: TSO has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TSO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.