TriStar Gold Balance Sheet Health
Financial Health criteria checks 6/6
TriStar Gold has a total shareholder equity of $28.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $30.0M and $1.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.86m |
Equity | US$28.77m |
Total liabilities | US$1.18m |
Total assets | US$29.96m |
Recent financial health updates
We Think TriStar Gold (CVE:TSG) Can Easily Afford To Drive Business Growth
Aug 13Here's Why We're Not At All Concerned With TriStar Gold's (CVE:TSG) Cash Burn Situation
Apr 30Companies Like TriStar Gold (CVE:TSG) Are In A Position To Invest In Growth
Mar 11We Think TriStar Gold (CVE:TSG) Can Afford To Drive Business Growth
Nov 26Recent updates
We Think TriStar Gold (CVE:TSG) Can Easily Afford To Drive Business Growth
Aug 13Here's Why We're Not At All Concerned With TriStar Gold's (CVE:TSG) Cash Burn Situation
Apr 30Companies Like TriStar Gold (CVE:TSG) Are In A Position To Invest In Growth
Mar 11We Think TriStar Gold (CVE:TSG) Can Afford To Drive Business Growth
Nov 26Financial Position Analysis
Short Term Liabilities: TSG's short term assets ($3.0M) exceed its short term liabilities ($273.6K).
Long Term Liabilities: TSG's short term assets ($3.0M) exceed its long term liabilities ($911.1K).
Debt to Equity History and Analysis
Debt Level: TSG is debt free.
Reducing Debt: TSG has not had any debt for 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: TSG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TSG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 32.7% each year