Tungsten Mining Balance Sheet Health
Financial Health criteria checks 6/6
Tungsten Mining has a total shareholder equity of A$27.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$29.9M and A$2.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.07m |
| Equity | AU$27.38m |
| Total liabilities | AU$2.48m |
| Total assets | AU$29.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGN's short term assets (A$8.5M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: TGN's short term assets (A$8.5M) exceed its long term liabilities (A$1.2M).
Debt to Equity History and Analysis
Debt Level: TGN is debt free.
Reducing Debt: TGN had no debt 5 years ago.
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: TGN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TGN has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 19.6% each year.