Terrace Energy Balance Sheet Health
Financial Health criteria checks 6/6
Terrace Energy has a total shareholder equity of CA$414.4K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$448.5K and CA$34.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$445.28k |
| Equity | CA$414.36k |
| Total liabilities | CA$34.09k |
| Total assets | CA$448.45k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2TR's short term assets (CA$448.5K) exceed its short term liabilities (CA$34.1K).
Long Term Liabilities: 2TR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2TR is debt free.
Reducing Debt: 2TR 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: 2TR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2TR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.9% each year