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Tennant Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Tennant Minerals has a total shareholder equity of A$3.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.9M and A$970.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.71m |
| Equity | AU$3.89m |
| Total liabilities | AU$970.50k |
| Total assets | AU$4.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDI's short term assets (A$4.9M) exceed its short term liabilities (A$970.5K).
Long Term Liabilities: BDI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BDI is debt free.
Reducing Debt: BDI has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
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: BDI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BDI has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 17.9% each year.