Temas Resources Balance Sheet Health
Financial Health criteria checks 5/6
Temas Resources has a total shareholder equity of CA$4.8M and total debt of CA$96.4K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CA$6.8M and CA$1.9M respectively.
Key information
2.0%
Debt to equity ratio
CA$96.41k
Debt
Interest coverage ratio | n/a |
Cash | CA$271.24k |
Equity | CA$4.84m |
Total liabilities | CA$1.95m |
Total assets | CA$6.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMAS's short term assets (CA$366.7K) do not cover its short term liabilities (CA$1.9M).
Long Term Liabilities: TMAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMAS has more cash than its total debt.
Reducing Debt: TMAS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TMAS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMAS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.