Tectonic Metals Balance Sheet Health

Financial Health criteria checks 6/6

Tectonic Metals 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$3.2M and CA$1.3M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.51m
EquityCA$1.91m
Total liabilitiesCA$1.30m
Total assetsCA$3.21m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: T15B's short term assets (CA$2.1M) exceed its short term liabilities (CA$936.9K).

Long Term Liabilities: T15B's short term assets (CA$2.1M) exceed its long term liabilities (CA$363.7K).


Debt to Equity History and Analysis

Debt Level: T15B is debt free.

Reducing Debt: T15B 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: T15B has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: T15B is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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