Taura Gold Balance Sheet Health
Financial Health criteria checks 6/6
Taura Gold has a total shareholder equity of CA$1.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$113.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$787.12k |
| Equity | CA$1.21m |
| Total liabilities | CA$113.00k |
| Total assets | CA$1.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TORA's short term assets (CA$794.8K) exceed its short term liabilities (CA$113.0K).
Long Term Liabilities: TORA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TORA is debt free.
Reducing Debt: TORA 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: TORA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TORA has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 32% each year.