TerraCom Balance Sheet Health
Financial Health criteria checks 3/6
TerraCom has a total shareholder equity of A$174.3M and total debt of A$4.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are A$335.5M and A$161.2M respectively. TerraCom's EBIT is A$124.3M making its interest coverage ratio -30. It has cash and short-term investments of A$16.6M.
Key information
2.8%
Debt to equity ratio
AU$4.90m
Debt
| Interest coverage ratio | -30x |
| Cash | AU$16.61m |
| Equity | AU$174.31m |
| Total liabilities | AU$161.15m |
| Total assets | AU$335.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2GF's short term assets (A$60.0M) do not cover its short term liabilities (A$85.9M).
Long Term Liabilities: 2GF's short term assets (A$60.0M) do not cover its long term liabilities (A$75.2M).
Debt to Equity History and Analysis
Debt Level: 2GF has more cash than its total debt.
Reducing Debt: 2GF's debt to equity ratio has reduced from 439.5% to 2.8% over the past 5 years.
Debt Coverage: 2GF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2GF earns more interest than it pays, so coverage of interest payments is not a concern.