Titanium Sands Balance Sheet Health

Financial Health criteria checks 6/6

Titanium Sands has a total shareholder equity of A$20.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.7M and A$99.1K respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$481.85k
Equity	AU$20.62m
Total liabilities	AU$99.07k
Total assets	AU$20.72m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TSL's short term assets (A$646.5K) exceed its short term liabilities (A$99.1K).

Long Term Liabilities: TSL has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: TSL is debt free.

Reducing Debt: TSL 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: TSL has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TSL is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.

Titanium Sands Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Titanium Sands Limited Auditor Raises 'Going Concern' Doubt

Recent updates

New minor risk - Financial data availability

New major risk - Market cap size

New major risk - Shareholder dilution

Titanium Sands Limited has completed a Follow-on Equity Offering in the amount of AUD 1.635127 million.

Titanium Sands Limited has filed a Follow-on Equity Offering in the amount of AUD 2.1 million.

New major risk - Financial position

Titanium Sands Limited has completed a Follow-on Equity Offering in the amount of AUD 0.409736 million.

Titanium Sands Limited, Annual General Meeting, Nov 29, 2023

New minor risk - Financial data availability

Less than half of directors are independent

New minor risk - Financial data availability

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Titanium Sands Limited Announces Final Results from 2022 Resource Infill & Extension Drilling

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Titanium Sands Limited Provides an Update on Mannar Island Project

Titanium Sands Limited, Annual General Meeting, Nov 17, 2022

Titanium Sands Limited Auditor Raises 'Going Concern' Doubt

Titanium Sands Limited Confirms the Shipment of the Remaining Samples to Conclude the 300 Hole Infill and Extension Drilling Program Completed

Titanium Sands Limited Confirms over 70% of Samples from Completed Drilling Program Have Been Shipped to Reporting Laboratory

Titanium Sands Limited Announces Completion of Mannar Island Drilling Program

Titanium Sands Limited Announces Further Samples Shipped to Laboratory in South Africa

Titanium Sands Limited announced that it expects to receive AUD 1.5 million in funding

Titanium Sands Limited Provides the Update in Relation to TSL's Sri Lankan Mineral Sands Project

Less than half of directors are independent

Less than half of directors are independent

Titanium Sands Ltd Provides Update on Resource Infill and Extension Drilling Program

Titanium Sands Limited Announces Resource Infill and Extension Drilling on TSL's Heavy Mineral Project

Insufficient new directors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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