Talga Group Balance Sheet Health
Financial Health criteria checks 6/6
Talga Group has a total shareholder equity of A$40.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$46.1M and A$5.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$14.10m |
| Equity | AU$40.23m |
| Total liabilities | AU$5.87m |
| Total assets | AU$46.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGX's short term assets (A$15.9M) exceed its short term liabilities (A$5.0M).
Long Term Liabilities: TGX's short term assets (A$15.9M) exceed its long term liabilities (A$838.8K).
Debt to Equity History and Analysis
Debt Level: TGX is debt free.
Reducing Debt: TGX 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: TGX has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TGX is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.