Titan Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Titan Minerals has a total shareholder equity of $46.1M and total debt of $2.3M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $52.1M and $6.0M respectively.
Key information
5.0%
Debt to equity ratio
US$2.29m
Debt
Interest coverage ratio | n/a |
Cash | US$2.33m |
Equity | US$46.10m |
Total liabilities | US$6.01m |
Total assets | US$52.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTM's short term assets ($5.9M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: TTM's short term assets ($5.9M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: TTM has more cash than its total debt.
Reducing Debt: TTM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TTM has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TTM is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.