Terramin Australia Balance Sheet Health
Financial Health criteria checks 2/6
Terramin Australia has a total shareholder equity of A$11.9M and total debt of A$46.2M, which brings its debt-to-equity ratio to 388.5%. Its total assets and total liabilities are A$65.2M and A$53.3M respectively.
Key information
388.5%
Debt to equity ratio
AU$46.25m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$374.00k |
| Equity | AU$11.90m |
| Total liabilities | AU$53.35m |
| Total assets | AU$65.25m |
Financial Position Analysis
Short Term Liabilities: TZN's short term assets (A$580.0K) do not cover its short term liabilities (A$48.3M).
Long Term Liabilities: TZN's short term assets (A$580.0K) do not cover its long term liabilities (A$5.1M).
Debt to Equity History and Analysis
Debt Level: TZN's net debt to equity ratio (385.4%) is considered high.
Reducing Debt: TZN's debt to equity ratio has increased from 35.7% to 388.5% over the 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: TZN has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TZN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.