Turmalina Metals Balance Sheet Health
Financial Health criteria checks 5/6
Turmalina Metals has a total shareholder equity of CA$1.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.9M and CA$528.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$22.17k |
Equity | CA$1.39m |
Total liabilities | CA$528.02k |
Total assets | CA$1.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3RI's short term assets (CA$87.4K) do not cover its short term liabilities (CA$528.0K).
Long Term Liabilities: 3RI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3RI is debt free.
Reducing Debt: 3RI 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: 3RI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 3RI is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.