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Titan Minerals Balance Sheet Health
Financial Health criteria checks 4/6
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
No updates
Financial Position Analysis
Short Term Liabilities: TTMDD's short term assets ($5.9M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: TTMDD's short term assets ($5.9M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: TTMDD has more cash than its total debt.
Reducing Debt: TTMDD 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: TTMDD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TTMDD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.4% each year