Silver North Resources Financials

TARSF

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2022 Currency USD FYE September

This page shows Silver North Resources (TARSF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score pending refresh

We are recalculating Silver North Resources's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Earnings Quality Low Quality

0.21x

For every $1 of reported earnings, Silver North Resources generates $0.21 in operating cash flow (-$436K OCF vs -$2.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$2.1M

YoY-118.5%

Silver North Resources reported -$2.1M in net income in fiscal year 2022. This represents a decrease of 118.5% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$637K

YoY+54.4%

Silver North Resources held $637K in cash against $0 in long-term debt as of fiscal year 2022.

Dividends Per Share

N/A

Shares Outstanding

159M

YoY+6.7%

Silver North Resources had 159M shares outstanding in fiscal year 2022. This represents an increase of 6.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-29.4%

YoY-17.5pp

Silver North Resources's ROE was -29.4% in fiscal year 2022, measuring profit generated per dollar of shareholder equity. This is down 17.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TARSF Income Statement

Metric	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$174K-10.1%	$194K+70.5%	$114K-20.5%	$143K
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	-$2.1M-118.5%	-$939K+11.1%	-$1.1M-5.9%	-$997K
EPS (Diluted)	N/A	N/A	N/A	N/A

Metric	Q4'22	Q4'21	Q4'20
Revenue	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A
Net Income	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A

TARSF Balance Sheet

Metric	FY22	FY21	FY20	FY19
Total Assets	N/A	N/A	N/A	N/A
Current Assets	$933K+53.5%	$607K+26.6%	$480K	N/A
Cash & Equivalents	$637K+54.4%	$413K+14.0%	$362K+2.7%	$353K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$27K-39.2%	$44K+219.4%	$14K	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	N/A	N/A	N/A	N/A
Current Liabilities	$1.1M+139.0%	$462K-15.4%	$546K	N/A
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	$7.0M-11.7%	$7.9M+84.1%	$4.3M+13.2%	$3.8M
Retained Earnings	-$21.6M-10.5%	-$19.6M-5.0%	-$18.6M	N/A

Metric	Q4'22	Q4'21	Q4'20
Total Assets	N/A	N/A	N/A
Current Assets	$933K+53.5%	$607K+26.6%	$480K
Cash & Equivalents	$637K+54.4%	$413K+14.0%	$362K
Inventory	N/A	N/A	N/A
Accounts Receivable	$27K-39.2%	$44K+219.4%	$14K
Goodwill	N/A	N/A	N/A
Total Liabilities	N/A	N/A	N/A
Current Liabilities	$1.1M+139.0%	$462K-15.4%	$546K
Long-Term Debt	N/A	N/A	N/A
Total Equity	$7.0M-11.7%	$7.9M+84.1%	$4.3M
Retained Earnings	-$21.6M-10.5%	-$19.6M-5.0%	-$18.6M

TARSF Cash Flow Statement

Metric	FY22	FY21	FY20	FY19
Operating Cash Flow	-$436K+67.4%	-$1.3M-103.9%	-$657K+14.8%	-$771K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	-$49K+98.5%	-$3.3M-429.6%	-$628K+10.8%	-$704K
Financing Cash Flow	$730K-84.5%	$4.7M+238.4%	$1.4M-23.9%	$1.8M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q4'22	Q4'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

TARSF Financial Ratios

Metric	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	-29.4%-17.5pp	-11.9%+12.7pp	-24.6%+1.7pp	-26.2%
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	0.84-0.5	1.31+0.4	0.88	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A

Metric	Q4'22	Q4'21	Q4'20
Gross Margin	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A
Current Ratio	0.84-0.5	1.31+0.4	0.88
Debt-to-Equity	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.84), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is Silver North Resources profitable?

No, Silver North Resources (TARSF) reported a net income of -$2.1M in fiscal year 2022.

What is Silver North Resources's return on equity (ROE)?

Silver North Resources (TARSF) has a return on equity of -29.4% for fiscal year 2022, measuring how efficiently the company generates profit from shareholder equity.

What is Silver North Resources's operating cash flow?

Silver North Resources (TARSF) generated -$436K in operating cash flow during fiscal year 2022, representing cash generated from core business activities.

How many shares does Silver North Resources have outstanding?

Silver North Resources (TARSF) had 159M shares outstanding as of fiscal year 2022.

What is Silver North Resources's current ratio?

Silver North Resources (TARSF) had a current ratio of 0.84 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

What is Silver North Resources's cash runway?

Based on fiscal year 2022 data, Silver North Resources (TARSF) had $637K in cash against an annual operating cash burn of $436K. This gives an estimated cash runway of approximately 18 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Are Silver North Resources's earnings high quality?

Silver North Resources (TARSF) has an earnings quality ratio of 0.21x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.