New Talisman Gold Mines Balance Sheet Health
Financial Health criteria checks 2/6
New Talisman Gold Mines has a total shareholder equity of NZ$8.1M and total debt of NZ$723.6K, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are NZ$9.5M and NZ$1.4M respectively.
Key information
8.9%
Debt to equity ratio
NZ$723.63k
Debt
Interest coverage ratio | n/a |
Cash | NZ$510.67k |
Equity | NZ$8.11m |
Total liabilities | NZ$1.37m |
Total assets | NZ$9.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTL's short term assets (NZ$831.9K) exceed its short term liabilities (NZ$225.0K).
Long Term Liabilities: NTL's short term assets (NZ$831.9K) do not cover its long term liabilities (NZ$1.1M).
Debt to Equity History and Analysis
Debt Level: NTL's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: NTL's debt to equity ratio has increased from 0% to 8.9% 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: NTL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NTL has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.1% each year.