Torrent Capital Balance Sheet Health
Financial Health criteria checks 6/6
Torrent Capital has a total shareholder equity of CA$15.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$16.1M and CA$380.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$15.44m |
Equity | CA$15.67m |
Total liabilities | CA$380.44k |
Total assets | CA$16.05m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TRRP.F's short term assets (CA$15.7M) exceed its short term liabilities (CA$380.4K).
Long Term Liabilities: TRRP.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRRP.F is debt free.
Reducing Debt: TRRP.F has not had any debt for past 5 years.
Debt Coverage: TRRP.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRRP.F has no debt, therefore coverage of interest payments is not a concern.