Terra Clean Energy Balance Sheet Health
Financial Health criteria checks 6/6
Terra Clean Energy has a total shareholder equity of CA$1.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.6M and CA$796.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$76.47k |
| Equity | CA$1.78m |
| Total liabilities | CA$796.00k |
| Total assets | CA$2.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A40R35's short term assets (CA$976.6K) exceed its short term liabilities (CA$796.0K).
Long Term Liabilities: A40R35 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: A40R35 is debt free.
Reducing Debt: A40R35 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: A40R35 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: A40R35 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.