Terra Metals Balance Sheet Health

Financial Health criteria checks 5/6

Terra Metals has a total shareholder equity of A$4.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.4M and A$1.5M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$648.42k
EquityAU$4.84m
Total liabilitiesAU$1.52m
Total assetsAU$6.36m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TM1's short term assets (A$957.1K) do not cover its short term liabilities (A$1.5M).

Long Term Liabilities: TM1 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TM1 is debt free.

Reducing Debt: TM1 has no debt compared to 5 years ago when its debt to equity ratio was 87.2%.


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: TM1 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TM1 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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