Trillion Energy International Balance Sheet Health
Financial Health criteria checks 1/6
Trillion Energy International has a total shareholder equity of $21.8M and total debt of $13.8M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are $59.3M and $37.5M respectively.
Key information
63.1%
Debt to equity ratio
US$13.76m
Debt
| Interest coverage ratio | n/a |
| Cash | US$435.85k |
| Equity | US$21.83m |
| Total liabilities | US$37.46m |
| Total assets | US$59.28m |
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 ($3.0M) do not cover its short term liabilities ($18.5M).
Long Term Liabilities: TCF's short term assets ($3.0M) do not cover its long term liabilities ($19.0M).
Debt to Equity History and Analysis
Debt Level: TCF's net debt to equity ratio (61.1%) is considered high.
Reducing Debt: TCF's debt to equity ratio has increased from 15.8% to 63.1% 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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if TCF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.