Tsodilo Resources Balance Sheet Health
Financial Health criteria checks 3/6
Tsodilo Resources has a total shareholder equity of $2.2M and total debt of $1.9M, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are $5.5M and $3.4M respectively.
Key information
88.6%
Debt to equity ratio
US$1.93m
Debt
Interest coverage ratio | n/a |
Cash | US$4.38k |
Equity | US$2.18m |
Total liabilities | US$3.37m |
Total assets | US$5.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TSD's short term assets ($54.8K) do not cover its short term liabilities ($3.4M).
Long Term Liabilities: TSD's short term assets ($54.8K) exceed its long term liabilities ($5.4K).
Debt to Equity History and Analysis
Debt Level: TSD's net debt to equity ratio (88.4%) is considered high.
Reducing Debt: TSD's debt to equity ratio has increased from 8.8% to 88.6% 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: TSD has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TSD is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.