Terra Clean Energy Balance Sheet Health
Financial Health criteria checks 4/6
Terra Clean Energy has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.5M and CA$762.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$156.27k |
| Equity | CA$1.78m |
| Total liabilities | CA$762.10k |
| Total assets | CA$2.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCEC's short term assets (CA$778.6K) exceed its short term liabilities (CA$762.1K).
Long Term Liabilities: TCEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TCEC is debt free.
Reducing Debt: TCEC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: TCEC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TCEC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.8% each year