Tectonic Gold Balance Sheet Health
Financial Health criteria checks 4/6
Tectonic Gold has a total shareholder equity of £3.2M and total debt of £150.1K, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £3.8M and £536.0K respectively.
Key information
4.6%
Debt to equity ratio
UK£150.10k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£106.96k |
| Equity | UK£3.23m |
| Total liabilities | UK£536.01k |
| Total assets | UK£3.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTAU's short term assets (£477.9K) exceed its short term liabilities (£385.9K).
Long Term Liabilities: TTAU's short term assets (£477.9K) exceed its long term liabilities (£150.1K).
Debt to Equity History and Analysis
Debt Level: TTAU's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: TTAU's debt to equity ratio has reduced from 4.9% to 4.6% 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 TTAU has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TTAU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.