Tertiary Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Tertiary Minerals has a total shareholder equity of £795.1K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £876.4K and £81.3K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£121.81k |
Equity | UK£795.10k |
Total liabilities | UK£81.33k |
Total assets | UK£876.43k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYM's short term assets (£236.2K) exceed its short term liabilities (£69.8K).
Long Term Liabilities: TYM's short term assets (£236.2K) exceed its long term liabilities (£11.5K).
Debt to Equity History and Analysis
Debt Level: TYM is debt free.
Reducing Debt: TYM had no debt 5 years ago.
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: TYM has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TYM is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.