Tsodilo Resources Balance Sheet Health
Financial Health criteria checks 3/6
Tsodilo Resources has a total shareholder equity of $2.4M and total debt of $1.8M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are $5.2M and $2.8M respectively.
Key information
78.1%
Debt to equity ratio
US$1.84m
Debt
Interest coverage ratio | n/a |
Cash | US$4.34k |
Equity | US$2.36m |
Total liabilities | US$2.81m |
Total assets | US$5.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZO's short term assets ($37.8K) do not cover its short term liabilities ($2.8M).
Long Term Liabilities: TZO's short term assets ($37.8K) exceed its long term liabilities ($10.2K).
Debt to Equity History and Analysis
Debt Level: TZO's net debt to equity ratio (77.9%) is considered high.
Reducing Debt: TZO's debt to equity ratio has increased from 0% to 78.1% over the 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: TZO has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TZO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.