Terrace Energy Balance Sheet Health
Financial Health criteria checks 6/6
Terrace Energy has a total shareholder equity of CA$492.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$520.1K and CA$27.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$518.94k |
| Equity | CA$492.85k |
| Total liabilities | CA$27.23k |
| Total assets | CA$520.08k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCRR.F's short term assets (CA$520.1K) exceed its short term liabilities (CA$27.2K).
Long Term Liabilities: TCRR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TCRR.F is debt free.
Reducing Debt: TCRR.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Whilst unprofitable TCRR.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TCRR.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.3% per year.