Tribune Resources Balance Sheet Health
Financial Health criteria checks 6/6
Tribune Resources has a total shareholder equity of A$290.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$306.5M and A$15.8M respectively. Tribune Resources's EBIT is A$17.9M making its interest coverage ratio -76.5. It has cash and short-term investments of A$8.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -76.5x |
Cash | AU$7.99m |
Equity | AU$290.75m |
Total liabilities | AU$15.77m |
Total assets | AU$306.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNR's short term assets (A$210.5M) exceed its short term liabilities (A$7.4M).
Long Term Liabilities: TNR's short term assets (A$210.5M) exceed its long term liabilities (A$8.4M).
Debt to Equity History and Analysis
Debt Level: TNR is debt free.
Reducing Debt: TNR had no debt 5 years ago.
Debt Coverage: TNR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TNR has no debt, therefore coverage of interest payments is not a concern.