TMK Energy Balance Sheet Health
Financial Health criteria checks 6/6
TMK Energy has a total shareholder equity of A$17.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.3M and A$493.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.26m |
| Equity | AU$17.81m |
| Total liabilities | AU$493.80k |
| Total assets | AU$18.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMKE.F's short term assets (A$2.4M) exceed its short term liabilities (A$493.8K).
Long Term Liabilities: TMKE.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMKE.F is debt free.
Reducing Debt: TMKE.F had no debt 5 years ago.
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: TMKE.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMKE.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.