Tier One Silver Balance Sheet Health
Financial Health criteria checks 4/6
Tier One Silver has a total shareholder equity of CA$1.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.8M and CA$854.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$978.32k |
| Equity | CA$1.91m |
| Total liabilities | CA$854.43k |
| Total assets | CA$2.76m |
Financial Position Analysis
Short Term Liabilities: TSLV's short term assets (CA$1.2M) exceed its short term liabilities (CA$693.4K).
Long Term Liabilities: TSLV's short term assets (CA$1.2M) exceed its long term liabilities (CA$161.0K).
Debt to Equity History and Analysis
Debt Level: TSLV is debt free.
Reducing Debt: TSLV 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: TSLV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TSLV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.9% each year