Thor Energy Balance Sheet Health
Financial Health criteria checks 6/6
Thor Energy has a total shareholder equity of £13.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.5M and £241.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£805.00k |
| Equity | UK£13.26m |
| Total liabilities | UK£241.00k |
| Total assets | UK£13.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THR's short term assets (£842.0K) exceed its short term liabilities (£230.0K).
Long Term Liabilities: THR's short term assets (£842.0K) exceed its long term liabilities (£11.0K).
Debt to Equity History and Analysis
Debt Level: THR is debt free.
Reducing Debt: THR 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: THR has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: THR is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.