Tesoro Gold Balance Sheet Health
Financial Health criteria checks 5/6
Tesoro Gold has a total shareholder equity of A$37.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$37.7M and A$694.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$336.15k |
| Equity | AU$36.99m |
| Total liabilities | AU$694.84k |
| Total assets | AU$37.68m |
Financial Position Analysis
Short Term Liabilities: TSO's short term assets (A$472.8K) do not cover its short term liabilities (A$694.8K).
Long Term Liabilities: TSO has no long term liabilities.
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 21.1%.
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 1 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.