Tietto Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Tietto Minerals has a total shareholder equity of A$246.4M and total debt of A$11.8M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are A$304.8M and A$58.4M respectively.
Key information
4.8%
Debt to equity ratio
AU$11.81m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$48.32m |
| Equity | AU$246.38m |
| Total liabilities | AU$58.43m |
| Total assets | AU$304.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIET.F's short term assets (A$57.1M) do not cover its short term liabilities (A$58.4M).
Long Term Liabilities: TIET.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TIET.F has more cash than its total debt.
Reducing Debt: TIET.F's debt to equity ratio has increased from 0.6% to 4.8% 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: TIET.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TIET.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.