Trillion Energy International Balance Sheet Health
Financial Health criteria checks 0/6
Trillion Energy International has a total shareholder equity of $22.2M and total debt of $13.8M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are $58.6M and $36.4M respectively.
Key information
62.1%
Debt to equity ratio
US$13.79m
Debt
Interest coverage ratio | n/a |
Cash | US$1.19m |
Equity | US$22.21m |
Total liabilities | US$36.40m |
Total assets | US$58.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRLE.F's short term assets ($4.9M) do not cover its short term liabilities ($17.8M).
Long Term Liabilities: TRLE.F's short term assets ($4.9M) do not cover its long term liabilities ($18.6M).
Debt to Equity History and Analysis
Debt Level: TRLE.F's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: TRLE.F's debt to equity ratio has increased from 13.2% to 62.1% over the past 5 years.
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: TRLE.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRLE.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 69.1% each year