Trillion Energy International Balance Sheet Health
Financial Health criteria checks 0/6
Trillion Energy International has a total shareholder equity of $22.2M and total debt of $13.8M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are $58.6M and $36.4M respectively.
Key information
62.1%
Debt to equity ratio
US$13.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.19m |
| Equity | US$22.21m |
| Total liabilities | US$36.40m |
| Total assets | US$58.61m |
Recent financial health updates
Recent updates
Investors Give Trillion Energy International Inc. (CSE:TCF) Shares A 29% Hiding
Jan 19
We Believe Trillion Energy International's (CSE:TCF) Earnings Are A Poor Guide For Its Profitability
Dec 12Trillion Energy International Inc.'s (CSE:TCF) 27% Cheaper Price Remains In Tune With Revenues
Sep 26We're Not Very Worried About Trillion Energy International's (CSE:TCF) Cash Burn Rate
Mar 21Financial Position Analysis
Short Term Liabilities: TCF's short term assets ($4.9M) do not cover its short term liabilities ($17.8M).
Long Term Liabilities: TCF's short term assets ($4.9M) do not cover its long term liabilities ($18.6M).
Debt to Equity History and Analysis
Debt Level: TCF's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: TCF's debt to equity ratio has increased from 13.2% to 62.1% 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: TCF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TCF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.1% each year