Torrent Capital Balance Sheet Health
Financial Health criteria checks 6/6
Torrent Capital has a total shareholder equity of CA$17.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.2M and CA$451.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$17.72m |
| Equity | CA$17.71m |
| Total liabilities | CA$451.82k |
| Total assets | CA$18.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TORR's short term assets (CA$17.8M) exceed its short term liabilities (CA$451.8K).
Long Term Liabilities: TORR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TORR is debt free.
Reducing Debt: TORR has not had any debt for past 5 years.
Debt Coverage: TORR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TORR has no debt, therefore coverage of interest payments is not a concern.