Tarku Resources Balance Sheet Health
Financial Health criteria checks 4/6
Tarku Resources has a total shareholder equity of CA$3.0M and total debt of CA$159.0K, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CA$3.9M and CA$916.1K respectively.
Key information
5.4%
Debt to equity ratio
CA$159.02k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$149.30k |
| Equity | CA$2.97m |
| Total liabilities | CA$916.09k |
| Total assets | CA$3.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TKU's short term assets (CA$202.4K) do not cover its short term liabilities (CA$757.1K).
Long Term Liabilities: TKU's short term assets (CA$202.4K) exceed its long term liabilities (CA$159.0K).
Debt to Equity History and Analysis
Debt Level: TKU's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: TKU's debt to equity ratio has increased from 0% to 5.4% 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: TKU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TKU has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 7.9% each year.