Total Helium Balance Sheet Health
Financial Health criteria checks 1/6
Total Helium has a total shareholder equity of CA$14.3M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CA$16.6M and CA$2.3M respectively.
Key information
7.2%
Debt to equity ratio
CA$1.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$89.00k |
| Equity | CA$14.27m |
| Total liabilities | CA$2.35m |
| Total assets | CA$16.62m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TOH's short term assets (CA$162.0K) do not cover its short term liabilities (CA$1.7M).
Long Term Liabilities: TOH's short term assets (CA$162.0K) do not cover its long term liabilities (CA$662.0K).
Debt to Equity History and Analysis
Debt Level: TOH's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TOH's debt to equity ratio has reduced 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: TOH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TOH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.7% each year