Talon Metals Balance Sheet Health
Financial Health criteria checks 5/6
Talon Metals has a total shareholder equity of CA$231.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$237.1M and CA$5.8M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$22.78m |
Equity | CA$231.27m |
Total liabilities | CA$5.79m |
Total assets | CA$237.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAO's short term assets (CA$23.4M) exceed its short term liabilities (CA$4.4M).
Long Term Liabilities: TAO's short term assets (CA$23.4M) exceed its long term liabilities (CA$1.4M).
Debt to Equity History and Analysis
Debt Level: TAO is debt free.
Reducing Debt: TAO has no debt compared to 5 years ago when its debt to equity ratio was 502.5%.
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: TAO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TAO has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 41.1% each year.