TruScreen Group Balance Sheet Health
Financial Health criteria checks 6/6
TruScreen Group has a total shareholder equity of NZ$3.2M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$4.0M and NZ$798.4K respectively.
Key information
0%
Debt to equity ratio
NZ$0
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$2.73m |
| Equity | NZ$3.23m |
| Total liabilities | NZ$798.45k |
| Total assets | NZ$4.03m |
Financial Position Analysis
Short Term Liabilities: TRU's short term assets (NZ$4.0M) exceed its short term liabilities (NZ$769.4K).
Long Term Liabilities: TRU's short term assets (NZ$4.0M) exceed its long term liabilities (NZ$29.1K).
Debt to Equity History and Analysis
Debt Level: TRU is debt free.
Reducing Debt: TRU has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
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: TRU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TRU has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 8.2% each year.