Treasury Metals Balance Sheet Health
Financial Health criteria checks 2/6
Treasury Metals has a total shareholder equity of CA$99.5M and total debt of CA$16.7M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CA$117.7M and CA$18.2M respectively.
Key information
16.8%
Debt to equity ratio
CA$16.75m
Debt
Interest coverage ratio | n/a |
Cash | CA$10.10m |
Equity | CA$99.46m |
Total liabilities | CA$18.22m |
Total assets | CA$117.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSRM.F's short term assets (CA$11.7M) exceed its short term liabilities (CA$3.2M).
Long Term Liabilities: TSRM.F's short term assets (CA$11.7M) do not cover its long term liabilities (CA$15.0M).
Debt to Equity History and Analysis
Debt Level: TSRM.F's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: TSRM.F's debt to equity ratio has increased from 6.4% to 16.8% 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: TSRM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TSRM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.5% each year