Triumph Gold Balance Sheet Health
Financial Health criteria checks 2/6
Triumph Gold has a total shareholder equity of CA$3.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.8M and CA$531.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.25k |
| Equity | CA$3.25m |
| Total liabilities | CA$531.76k |
| Total assets | CA$3.78m |
Financial Position Analysis
Short Term Liabilities: TIG's short term assets (CA$31.4K) do not cover its short term liabilities (CA$471.8K).
Long Term Liabilities: TIG's short term assets (CA$31.4K) do not cover its long term liabilities (CA$60.0K).
Debt to Equity History and Analysis
Debt Level: TIG is debt free.
Reducing Debt: TIG 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: TIG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TIG has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.4% each year.