Trigon Metals Balance Sheet Health
Financial Health criteria checks 3/6
Trigon Metals has a total shareholder equity of $-6.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $39.5M and $45.5M respectively. Trigon Metals's EBIT is $5.1M making its interest coverage ratio -19.4. It has cash and short-term investments of $1.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -19.4x |
| Cash | US$1.17m |
| Equity | -US$6.03m |
| Total liabilities | US$45.48m |
| Total assets | US$39.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TZU has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TZU is debt free.
Reducing Debt: TZU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TZU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TZU has no debt, therefore coverage of interest payments is not a concern.