Timberline Resources Balance Sheet Health
Financial Health criteria checks 5/6
Timberline Resources has a total shareholder equity of $14.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $14.9M and $435.5K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$91.61k |
Equity | US$14.51m |
Total liabilities | US$435.54k |
Total assets | US$14.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLRS's short term assets ($228.9K) do not cover its short term liabilities ($287.9K).
Long Term Liabilities: TLRS's short term assets ($228.9K) exceed its long term liabilities ($147.6K).
Debt to Equity History and Analysis
Debt Level: TLRS is debt free.
Reducing Debt: TLRS has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
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: TLRS has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TLRS is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.