Tartana Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Tartana Minerals has a total shareholder equity of A$6.1M and total debt of A$2.1M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are A$13.0M and A$6.9M respectively.
Key information
34.2%
Debt to equity ratio
AU$2.07m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.83k |
| Equity | AU$6.06m |
| Total liabilities | AU$6.91m |
| Total assets | AU$12.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAT's short term assets (A$764.4K) do not cover its short term liabilities (A$4.7M).
Long Term Liabilities: TAT's short term assets (A$764.4K) do not cover its long term liabilities (A$2.2M).
Debt to Equity History and Analysis
Debt Level: TAT's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: TAT's debt to equity ratio has increased from 23.4% to 34.2% 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: TAT has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TAT is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.