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 ration/a
CashAU$14.10m
EquityAU$40.23m
Total liabilitiesAU$5.87m
Total assetsAU$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.


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