This company listing is no longer active
Tulla Resources Balance Sheet Health
Financial Health criteria checks 3/6
Tulla Resources has a total shareholder equity of A$53.9M and total debt of A$33.1M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are A$130.2M and A$76.4M respectively.
Key information
61.5%
Debt to equity ratio
AU$33.12m
Debt
Interest coverage ratio | n/a |
Cash | AU$22.98m |
Equity | AU$53.86m |
Total liabilities | AU$76.38m |
Total assets | AU$130.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUL's short term assets (A$29.7M) exceed its short term liabilities (A$23.5M).
Long Term Liabilities: TUL's short term assets (A$29.7M) do not cover its long term liabilities (A$52.9M).
Debt to Equity History and Analysis
Debt Level: TUL's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: TUL 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: Insufficient data to determine if TUL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TUL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.