Titan Logix Balance Sheet Health
Financial Health criteria checks 6/6
Titan Logix has a total shareholder equity of CA$16.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.2M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$12.52m |
Equity | CA$16.75m |
Total liabilities | CA$1.47m |
Total assets | CA$18.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCF.F's short term assets (CA$15.1M) exceed its short term liabilities (CA$792.7K).
Long Term Liabilities: TPCF.F's short term assets (CA$15.1M) exceed its long term liabilities (CA$677.7K).
Debt to Equity History and Analysis
Debt Level: TPCF.F is debt free.
Reducing Debt: TPCF.F has not had any debt for past 5 years.
Debt Coverage: TPCF.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPCF.F has no debt, therefore coverage of interest payments is not a concern.