Tarku Resources Balance Sheet Health
Financial Health criteria checks 2/6
Tarku Resources has a total shareholder equity of CA$3.1M and total debt of CA$149.9K, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CA$4.1M and CA$948.2K respectively.
Key information
4.8%
Debt to equity ratio
CA$149.92k
Debt
Interest coverage ratio | n/a |
Cash | CA$352.49k |
Equity | CA$3.13m |
Total liabilities | CA$948.20k |
Total assets | CA$4.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TKU's short term assets (CA$396.5K) do not cover its short term liabilities (CA$798.3K).
Long Term Liabilities: TKU's short term assets (CA$396.5K) exceed its long term liabilities (CA$149.9K).
Debt to Equity History and Analysis
Debt Level: TKU has more cash than its total debt.
Reducing Debt: TKU's debt to equity ratio has increased from 0% to 4.8% 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: TKU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TKU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.1% each year