Tres-Or Resources Balance Sheet Health
Financial Health criteria checks 5/6
Tres-Or Resources has a total shareholder equity of CA$2.6M and total debt of CA$7.4K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$3.1M and CA$568.2K respectively.
Key information
0.3%
Debt to equity ratio
CA$7.45k
Debt
Interest coverage ratio | n/a |
Cash | CA$428.82k |
Equity | CA$2.56m |
Total liabilities | CA$568.18k |
Total assets | CA$3.13m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRS's short term assets (CA$435.8K) do not cover its short term liabilities (CA$560.7K).
Long Term Liabilities: TRS's short term assets (CA$435.8K) exceed its long term liabilities (CA$7.4K).
Debt to Equity History and Analysis
Debt Level: TRS has more cash than its total debt.
Reducing Debt: TRS's debt to equity ratio has reduced from 6.7% to 0.3% 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: TRS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TRS has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 5.4% each year.