Tearlach Resources Balance Sheet Health
Financial Health criteria checks 3/6
Tearlach Resources has a total shareholder equity of CA$1.5M and total debt of CA$90.8K, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CA$2.5M and CA$1.0M respectively.
Key information
6.2%
Debt to equity ratio
CA$90.78k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.21k |
| Equity | CA$1.46m |
| Total liabilities | CA$1.02m |
| Total assets | CA$2.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TELH.F's short term assets (CA$35.8K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: TELH.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TELH.F's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: TELH.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TELH.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TELH.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61.2% each year