Touchstone Exploration Balance Sheet Health
Financial Health criteria checks 2/6
Touchstone Exploration has a total shareholder equity of $69.7M and total debt of $32.1M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are $151.5M and $81.8M respectively.
Key information
46.1%
Debt to equity ratio
US$32.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$6.55m |
| Equity | US$69.69m |
| Total liabilities | US$81.84m |
| Total assets | US$151.53m |
Recent financial health updates
Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt
Nov 07
Would Touchstone Exploration (TSE:TXP) Be Better Off With Less Debt?
May 21Touchstone 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 14Recent updates
Touchstone Exploration (TSE:TXP) Is Making Moderate Use Of Debt
Nov 07Would 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 ($19.2M) do not cover its short term liabilities ($23.1M).
Long Term Liabilities: TXP's short term assets ($19.2M) do not cover its long term liabilities ($58.8M).
Debt to Equity History and Analysis
Debt Level: TXP's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: TXP's debt to equity ratio has increased from 30.6% to 46.1% 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: TXP has sufficient cash runway for more than 3 years 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.