Terrace Energy Balance Sheet Health
Financial Health criteria checks 6/6
Terrace Energy has a total shareholder equity of CA$365.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$407.7K and CA$42.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$402.69k |
| Equity | CA$364.98k |
| Total liabilities | CA$42.69k |
| Total assets | CA$407.67k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZR.H's short term assets (CA$407.7K) exceed its short term liabilities (CA$42.7K).
Long Term Liabilities: TZR.H has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TZR.H is debt free.
Reducing Debt: TZR.H 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: TZR.H has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TZR.H has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 8.7% each year