Treasury Metals Balance Sheet Health
Financial Health criteria checks 4/6
Treasury Metals has a total shareholder equity of CA$99.5M and total debt of CA$16.7M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CA$117.7M and CA$18.2M respectively.
Key information
16.8%
Debt to equity ratio
CA$16.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.10m |
| Equity | CA$99.46m |
| Total liabilities | CA$18.22m |
| Total assets | CA$117.68m |
Recent financial health updates
Treasury Metals (TSE:TML) Is Making Moderate Use Of Debt
Apr 03
Is Treasury Metals (TSE:TML) Weighed On By Its Debt Load?
Aug 21Is Treasury Metals (TSE:TML) Using Too Much Debt?
Mar 03Health Check: How Prudently Does Treasury Metals (TSE:TML) Use Debt?
Nov 05Is Treasury Metals (TSE:TML) A Risky Investment?
Jul 17Recent updates
Treasury Metals (TSE:TML) Is Making Moderate Use Of Debt
Apr 03Is Treasury Metals (TSE:TML) Weighed On By Its Debt Load?
Aug 21Is Treasury Metals (TSE:TML) Using Too Much Debt?
Mar 03Health Check: How Prudently Does Treasury Metals (TSE:TML) Use Debt?
Nov 05Is Treasury Metals (TSE:TML) A Risky Investment?
Jul 17Financial Position Analysis
Short Term Liabilities: TML's short term assets (CA$11.7M) exceed its short term liabilities (CA$3.2M).
Long Term Liabilities: TML's short term assets (CA$11.7M) do not cover its long term liabilities (CA$15.0M).
Debt to Equity History and Analysis
Debt Level: TML's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: TML's debt to equity ratio has increased from 6.4% to 16.8% 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: TML has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TML is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.