--- title: "We're Keeping An Eye On Titan Minerals' (ASX:TTM) Cash Burn Rate" type: "News" locale: "en" url: "https://longbridge.com/en/news/296411290.md" description: "Titan Minerals (ASX:TTM) has a cash runway of approximately 13 months based on US$12m in cash and US$11m annual burn, though rising expenses shorten this. While its cash burn represents only 9.6% of market cap, suggesting easy fundraising, the 31% increase in spending raises concerns. Analysts advise shareholders to monitor these trends closely due to identified warning signs." datetime: "2026-08-19T23:42:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296411290.md) - [en](https://longbridge.com/en/news/296411290.md) - [zh-HK](https://longbridge.com/zh-HK/news/296411290.md) generator: "portal-rs" --- # We're Keeping An Eye On Titan Minerals' (ASX:TTM) Cash Burn Rate We can readily understand why investors are attracted to unprofitable companies. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should **Titan Minerals** (ASX:TTM) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. ## Does Titan Minerals Have A Long Cash Runway? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When Titan Minerals last reported its December 2025 balance sheet in March 2026, it had zero debt and cash worth US$12m. In the last year, its cash burn was US$11m. Therefore, from December 2025 it had roughly 13 months of cash runway. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash burn reduces drastically. Importantly, if we extrapolate recent cash burn trends, the cash runway would be noticeably longer. Depicted below, you can see how its cash holdings have changed over time. ASX:TTM Debt to Equity History August 19th 2026 Check out our latest analysis for Titan Minerals ## How Is Titan Minerals' Cash Burn Changing Over Time? Because Titan Minerals isn't currently generating revenue, we consider it an early-stage business. So while we can't look to sales to understand growth, we can look at how the cash burn is changing to understand how expenditure is trending over time. Over the last year its cash burn actually increased by 31%, which suggests that management are increasing investment in future growth, but not too quickly. However, the company's true cash runway will therefore be shorter than suggested above, if spending continues to increase. Clearly, however, the crucial factor is whether the company will grow its business going forward. So you might want to take a peek at how much the company is expected to grow in the next few years. ## How Easily Can Titan Minerals Raise Cash? While Titan Minerals does have a solid cash runway, its cash burn trajectory may have some shareholders thinking ahead to when the company may need to raise more cash. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn. Titan Minerals' cash burn of US$11m is about 9.6% of its US$118m market capitalisation. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money. ## How Risky Is Titan Minerals' Cash Burn Situation? On this analysis of Titan Minerals' cash burn, we think its cash burn relative to its market cap was reassuring, while its increasing cash burn has us a bit worried. We don't think its cash burn is particularly problematic, but after considering the range of factors in this article, we do think shareholders should be monitoring how it changes over time. Taking a deeper dive, we've spotted **3 warning signs for Titan Minerals** you should be aware of, and 2 of them don't sit too well with us. Of course, **you might find a fantastic investment by looking elsewhere.** So take a peek at this **free** list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts) ### Valuation is complex, but we're here to simplify it. Discover if Titan Minerals might be undervalued or overvalued with our detailed analysis, featuring **fair value estimates, potential risks, dividends, insider trades, and its financial condition.** Access Free Analysis ### Related Stocks - [TTM.AU](https://longbridge.com/en/quote/TTM.AU.md) - [CRM.US](https://longbridge.com/en/quote/CRM.US.md) ## Related News & Research - [Ora Banda Mining Stock And 2 Australian Cash Rich Penny Stocks](https://longbridge.com/en/news/297827163.md) - [Joyce (ASX:JYC) Shares Reflect Rising Margins And A Deeper Value Gap](https://longbridge.com/en/news/297517364.md) - [09:50 ETTitan Investors Partners with Corridor Capital to Support Next Phase of Growth](https://longbridge.com/en/news/297528788.md) - [Nickel Industries (ASX:NIC) Could Be 32% Undervalued After Strong Half Year Earnings](https://longbridge.com/en/news/297435240.md) - [Director transactions explained: What those ASX filings really tell investors](https://longbridge.com/en/news/297969056.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**