Total Helium Balance Sheet Health
Financial Health criteria checks 2/6
Total Helium has a total shareholder equity of CA$17.9M and total debt of CA$1.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CA$19.7M and CA$1.8M respectively.
Key information
5.6%
Debt to equity ratio
CA$1.01m
Debt
Interest coverage ratio | n/a |
Cash | CA$111.00k |
Equity | CA$17.87m |
Total liabilities | CA$1.78m |
Total assets | CA$19.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTLH.F's short term assets (CA$231.0K) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: TTLH.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TTLH.F's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TTLH.F's debt to equity ratio has reduced 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: TTLH.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TTLH.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.4% each year