Titan Minerals Balance Sheet Health
Financial Health criteria checks 4/6
Titan Minerals has a total shareholder equity of $47.4M and total debt of $2.2M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are $52.4M and $5.0M respectively.
Key information
4.7%
Debt to equity ratio
US$2.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.03m |
| Equity | US$47.36m |
| Total liabilities | US$5.02m |
| Total assets | US$52.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTM's short term assets ($4.2M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: TTM's short term assets ($4.2M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: TTM's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: TTM's debt to equity ratio has reduced from 268.3% to 4.7% 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: TTM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TTM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.1% each year