Toro Energy Balance Sheet Health
Financial Health criteria checks 6/6
Toro Energy has a total shareholder equity of A$22.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$23.3M and A$1.2M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.54m |
Equity | AU$22.18m |
Total liabilities | AU$1.16m |
Total assets | AU$23.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOEY.F's short term assets (A$4.9M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: TOEY.F's short term assets (A$4.9M) exceed its long term liabilities (A$1.1K).
Debt to Equity History and Analysis
Debt Level: TOEY.F is debt free.
Reducing Debt: TOEY.F has no debt compared to 5 years ago when its debt to equity ratio was 33.3%.
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: TOEY.F has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TOEY.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.