Tarachi Gold Balance Sheet Health
Financial Health criteria checks 6/6
Tarachi Gold has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.5M and CA$7.7K respectively. Tarachi Gold's EBIT is CA$77.2K making its interest coverage ratio -0.6. It has cash and short-term investments of CA$3.3M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -0.6x |
| Cash | CA$3.35m |
| Equity | CA$3.46m |
| Total liabilities | CA$7.73k |
| Total assets | CA$3.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRGG.F's short term assets (CA$3.5M) exceed its short term liabilities (CA$7.7K).
Long Term Liabilities: TRGG.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRGG.F is debt free.
Reducing Debt: TRGG.F had no debt 5 years ago.
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: TRGG.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TRGG.F has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 21% each year.