TeraGo Balance Sheet Health
Financial Health criteria checks 2/6
TeraGo has a total shareholder equity of CA$11.0M and total debt of CA$20.3M, which brings its debt-to-equity ratio to 184.8%. Its total assets and total liabilities are CA$55.3M and CA$44.3M respectively.
Key information
184.8%
Debt to equity ratio
CA$20.31m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.61m |
| Equity | CA$10.99m |
| Total liabilities | CA$44.29m |
| Total assets | CA$55.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRAG.F's short term assets (CA$6.7M) do not cover its short term liabilities (CA$9.5M).
Long Term Liabilities: TRAG.F's short term assets (CA$6.7M) do not cover its long term liabilities (CA$34.8M).
Debt to Equity History and Analysis
Debt Level: TRAG.F's net debt to equity ratio (152%) is considered high.
Reducing Debt: TRAG.F's debt to equity ratio has increased from 72.8% to 184.8% 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: TRAG.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TRAG.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 39.7% each year