Torrent Gold Balance Sheet Health
Financial Health criteria checks 3/6
Torrent Gold has a total shareholder equity of CA$1.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.1M and CA$132.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$96.80k |
Equity | CA$1.01m |
Total liabilities | CA$132.85k |
Total assets | CA$1.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGLD's short term assets (CA$98.1K) do not cover its short term liabilities (CA$132.9K).
Long Term Liabilities: TGLD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TGLD is debt free.
Reducing Debt: TGLD had no debt 5 years ago.
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: TGLD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TGLD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.9% each year