Tower Resources Financial Health

How is Tower Resources's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TRP's short term assets ($106.0K) do not cover its short term liabilities ($1.6M).

Long Term Liabilities: TRP's short term assets ($106.0K) exceed its long term liabilities ($35.6K).


Debt to Equity History and Analysis

Debt Level: TRP has more cash than its total debt.

Reducing Debt: TRP's debt to equity ratio has increased from 0% to 0.2% 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: TRP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TRP has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.1% each year.


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