TerraCom Balance Sheet Health
Financial Health criteria checks 3/6
TerraCom has a total shareholder equity of A$167.8M and total debt of A$3.6M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are A$314.4M and A$146.6M respectively. TerraCom's EBIT is A$25.1M making its interest coverage ratio 44.6. It has cash and short-term investments of A$8.4M.
Key information
2.2%
Debt to equity ratio
AU$3.61m
Debt
| Interest coverage ratio | 44.6x |
| Cash | AU$8.35m |
| Equity | AU$167.85m |
| Total liabilities | AU$146.57m |
| Total assets | AU$314.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TERC.F's short term assets (A$51.3M) do not cover its short term liabilities (A$79.4M).
Long Term Liabilities: TERC.F's short term assets (A$51.3M) do not cover its long term liabilities (A$67.1M).
Debt to Equity History and Analysis
Debt Level: TERC.F has more cash than its total debt.
Reducing Debt: TERC.F's debt to equity ratio has reduced from 313.2% to 2.2% over the past 5 years.
Debt Coverage: TERC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TERC.F's interest payments on its debt are well covered by EBIT (44.6x coverage).