Touchstone Exploration Balance Sheet Health
Financial Health criteria checks 2/6
Touchstone Exploration has a total shareholder equity of $63.5M and total debt of $26.5M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $149.7M and $86.2M respectively.
Key information
41.7%
Debt to equity ratio
US$26.48m
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.54m |
| Equity | US$63.51m |
| Total liabilities | US$86.20m |
| Total assets | US$149.71m |
Recent financial health updates
Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?
May 21
Touchstone Exploration (TSE:TXP) Seems To Be Using A Lot Of Debt
Aug 25Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?
Apr 25These 4 Measures Indicate That Touchstone Exploration (TSE:TXP) Is Using Debt Extensively
Oct 04Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?
Jun 14Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?
Mar 08Recent updates
Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?
May 21Touchstone Exploration Inc.'s (TSE:TXP) P/S Is Still On The Mark Following 26% Share Price Bounce
Mar 07Capital Allocation Trends At Touchstone Exploration (TSE:TXP) Aren't Ideal
Dec 14Touchstone Exploration (TSE:TXP) Seems To Be Using A Lot Of Debt
Aug 25Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?
Apr 25These 4 Measures Indicate That Touchstone Exploration (TSE:TXP) Is Using Debt Extensively
Oct 04Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically
Sep 07Returns At Touchstone Exploration (TSE:TXP) Are On The Way Up
Sep 02Is Touchstone Exploration (TSE:TXP) Using Too Much Debt?
Jun 14The Consensus EPS Estimates For Touchstone Exploration Inc. (TSE:TXP) Just Fell Dramatically
Apr 16Shareholders In Touchstone Exploration (TSE:TXP) Should Look Beyond Earnings For The Full Story
Apr 05Analysts Just Shaved Their Touchstone Exploration Inc. (TSE:TXP) Forecasts Dramatically
Mar 30Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?
Mar 08Is Touchstone Exploration (TSE:TXP) A Risky Investment?
Jun 13Financial Position Analysis
Short Term Liabilities: TXP's short term assets ($25.5M) do not cover its short term liabilities ($39.7M).
Long Term Liabilities: TXP's short term assets ($25.5M) do not cover its long term liabilities ($46.5M).
Debt to Equity History and Analysis
Debt Level: TXP's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: TXP's debt to equity ratio has increased from 28.2% to 41.7% 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: TXP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TXP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.