Troubadour Resources Balance Sheet Health
Financial Health criteria checks 5/6
Troubadour Resources has a total shareholder equity of CA$1.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.8M and CA$558.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$48.92k |
Equity | CA$1.22m |
Total liabilities | CA$558.67k |
Total assets | CA$1.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TROU.F's short term assets (CA$57.1K) do not cover its short term liabilities (CA$558.7K).
Long Term Liabilities: TROU.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TROU.F is debt free.
Reducing Debt: TROU.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: TROU.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TROU.F is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.