Trinex Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Trinex Minerals has a total shareholder equity of A$15.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.8M and A$1.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.80m |
| Equity | AU$15.23m |
| Total liabilities | AU$1.56m |
| Total assets | AU$16.79m |
Financial Position Analysis
Short Term Liabilities: TX3's short term assets (A$3.3M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: TX3's short term assets (A$3.3M) exceed its long term liabilities (A$81.8K).
Debt to Equity History and Analysis
Debt Level: TX3 is debt free.
Reducing Debt: TX3 has not had any debt for past 5 years.
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: TX3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TX3 has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.4% each year.