Technology Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Technology Minerals has a total shareholder equity of £20.6M and total debt of £2.7M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are £24.5M and £3.8M respectively.
Key information
13.1%
Debt to equity ratio
UK£2.71m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£38.00k |
| Equity | UK£20.64m |
| Total liabilities | UK£3.84m |
| Total assets | UK£24.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TM1's short term assets (£104.0K) do not cover its short term liabilities (£1.8M).
Long Term Liabilities: TM1's short term assets (£104.0K) do not cover its long term liabilities (£2.0M).
Debt to Equity History and Analysis
Debt Level: TM1's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TM1's debt to equity ratio has reduced 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: Insufficient data to determine if TM1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TM1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.