T2 Metals Balance Sheet Health

Financial Health criteria checks 6/6

T2 Metals has a total shareholder equity of CA$2.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.7M and CA$479.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$483.30k
Equity	CA$2.17m
Total liabilities	CA$479.64k
Total assets	CA$2.65m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TWOS.F's short term assets (CA$550.8K) exceed its short term liabilities (CA$479.6K).

Long Term Liabilities: TWOS.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: TWOS.F is debt free.

Reducing Debt: TWOS.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: TWOS.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TWOS.F is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.

T2 Metals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

T2 Metals Corp. announced that it has received CAD 2.4 million in funding

T2 Metals Corp. announced that it expects to receive CAD 0.5124 million in funding

T2 Metals Corp., Annual General Meeting, Jul 17, 2024

T2 Metals Corp. announced that it expects to receive CAD 2 million in funding

T2 Metals Corp. Reports High Grade Polymetallic Drill Results At Its Sherridon Vhms Project, Manitoba

T2 Metals Corp. Receives Drill Permit for the Sherridon Copper-Zinc Project, Manitoba

T2 Metals Corp. Provides Update from Drilling at the Lida Copper - Silver - Gold Project on the Walker Lane Belt in South-Central Esmeralda County, Nevada

T2 Metals Further Expands Landholding At the Lida Copper - Silver Project, Nevada

T2 Metals Corp. announced that it has received CAD 1.4 million in funding

T2 Metals Corp. announced that it has received CAD 1.4 million in funding

T2 Metals Corp. Commences Drilling at the Lida Copper-Silver Project on the Walker Lane Belt in Esmeralda County, Nevada

T2 Metals Corp. Signs Contract for Drilling At the Lida Copper Silver Project, Nevada

T2 Metals Corp. Receives Drill Permit for the Lida Copper - Silver Project, Nevada

Aguila Copper Corp. Grants Additional 25 BLM Lode Mining Claims At Lida Copper-Silver Project on Walker Lane Belt in South-Central Esmeralda County, Nevada

Aguila Copper Corp. Reports Results of Induced Polarization Survey At Lida Copper-Silver Project

Aguila Copper Corp. Defines Potential Buried Copper Porphyry in Airborne Geophysical Survey from the Cora Copper Project, Arizona

Aguila Copper Corp. to Start Induced Polarization Survey At Lida Copper-Silver Project in South-Central Esmeralda County, Nevada

Aguila Copper Receives High Grade Copper and Silver Surface Sampling Results from Lida Project, Nevada

Aguila Copper Corp Appoints Amanda Dahl as New Director

Aguila American Gold Limited announced that it expects to receive CAD 0.6 million in funding

Aguila American Gold Announces WUSA Drilling Results and Updates Exploration Program

Aguila American Gold Limited Announces Completion of Detailed Remote Sensing Study for the WUSA Gold Project in Southern Oregon

Aguila American Gold Limited Appoints Michael Thomsen as the Advisory Board’s Foundation Member

Aguila American Gold Limited Announces Safe and Successful Completion of Maiden Drill Program at WUSA Project in Oregon, USA

Aguila American Gold Limited Announces Completion of First Hole At WUSA Gold Project

Aguila American Gold Limited Announces Arrival of Drill Rig At WUSAGold Project

Aguila American Gold Limited Announces Signing of a Drilling Contract for the Wusa Project in Oregon, USA, with Commencement Scheduled Mid-November 2020

Aguila American Gold Limited announced that it has received CAD 2.6792 million in funding from DNG Capital Corp., Duster Capital Corp., and other investors

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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