Tavernier Resources Balance Sheet Health
Financial Health criteria checks 4/6
Tavernier Resources has a total shareholder equity of ₹51.5M and total debt of ₹1.5M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹53.2M and ₹1.7M respectively.
Key information
2.8%
Debt to equity ratio
₹1.45m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹979.00k |
| Equity | ₹51.53m |
| Total liabilities | ₹1.67m |
| Total assets | ₹53.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531190's short term assets (₹2.1M) exceed its short term liabilities (₹224.0K).
Long Term Liabilities: 531190's short term assets (₹2.1M) exceed its long term liabilities (₹1.5M).
Debt to Equity History and Analysis
Debt Level: 531190's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 531190's debt to equity ratio has reduced from 26.5% to 2.8% 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: 531190 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531190 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.5% each year