This company has been acquired
Timberline Resources Balance Sheet Health
Financial Health criteria checks 3/6
Timberline Resources has a total shareholder equity of $14.2M and total debt of $346.0K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are $14.9M and $724.8K respectively.
Key information
2.4%
Debt to equity ratio
US$346.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$109.86k |
| Equity | US$14.22m |
| Total liabilities | US$724.77k |
| Total assets | US$14.94m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLRS's short term assets ($202.0K) do not cover its short term liabilities ($575.3K).
Long Term Liabilities: TLRS's short term assets ($202.0K) exceed its long term liabilities ($149.4K).
Debt to Equity History and Analysis
Debt Level: TLRS's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: TLRS's debt to equity ratio has reduced from 4.1% to 2.4% 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: TLRS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TLRS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year