Tertiary Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Tertiary Minerals has a total shareholder equity of £1.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1M and £74.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£251.14k |
| Equity | UK£1.02m |
| Total liabilities | UK£74.03k |
| Total assets | UK£1.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTIR.F's short term assets (£390.8K) exceed its short term liabilities (£64.4K).
Long Term Liabilities: TTIR.F's short term assets (£390.8K) exceed its long term liabilities (£9.6K).
Debt to Equity History and Analysis
Debt Level: TTIR.F is debt free.
Reducing Debt: TTIR.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: TTIR.F has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TTIR.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.