TRX Gold Balance Sheet Health
Financial Health criteria checks 5/6
TRX Gold has a total shareholder equity of $62.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $92.6M and $30.1M respectively. TRX Gold's EBIT is $8.7M making its interest coverage ratio 5.5. It has cash and short-term investments of $7.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$7.67m |
| Equity | US$62.55m |
| Total liabilities | US$30.07m |
| Total assets | US$92.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRG0's short term assets ($16.8M) do not cover its short term liabilities ($21.8M).
Long Term Liabilities: TRG0's short term assets ($16.8M) exceed its long term liabilities ($8.2M).
Debt to Equity History and Analysis
Debt Level: TRG0 is debt free.
Reducing Debt: TRG0 has no debt compared to 5 years ago when its debt to equity ratio was 19.3%.
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: Whilst unprofitable TRG0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRG0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.