T-REX Acquisition Balance Sheet Health
Financial Health criteria checks 2/6
T-REX Acquisition has a total shareholder equity of $389.5K and total debt of $326.1K, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are $787.1K and $397.6K respectively.
Key information
83.7%
Debt to equity ratio
US$326.11k
Debt
Interest coverage ratio | n/a |
Cash | US$25.31k |
Equity | US$389.46k |
Total liabilities | US$397.61k |
Total assets | US$787.07k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRXA's short term assets ($104.5K) do not cover its short term liabilities ($397.6K).
Long Term Liabilities: TRXA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TRXA's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: TRXA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TRXA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRXA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.3% each year