Thesis Gold Balance Sheet Health
Financial Health criteria checks 5/6
Thesis Gold has a total shareholder equity of CA$163.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$184.8M and CA$21.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.79m |
| Equity | CA$163.61m |
| Total liabilities | CA$21.21m |
| Total assets | CA$184.82m |
Financial Position Analysis
Short Term Liabilities: TAU's short term assets (CA$15.7M) exceed its short term liabilities (CA$5.0M).
Long Term Liabilities: TAU's short term assets (CA$15.7M) do not cover its long term liabilities (CA$16.2M).
Debt to Equity History and Analysis
Debt Level: TAU is debt free.
Reducing Debt: TAU has not had any debt for past 5 years.
Debt Coverage: TAU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAU has no debt, therefore coverage of interest payments is not a concern.