Trigg Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Trigg Minerals has a total shareholder equity of A$2.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.5M and A$807.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$3.10m |
Equity | AU$2.65m |
Total liabilities | AU$807.74k |
Total assets | AU$3.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMGL.F's short term assets (A$3.3M) exceed its short term liabilities (A$807.7K).
Long Term Liabilities: TMGL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMGL.F is debt free.
Reducing Debt: TMGL.F has not had any debt for 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: TMGL.F has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TMGL.F is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.