Tialis Essential IT Balance Sheet Health
Financial Health criteria checks 3/6
Tialis Essential IT has a total shareholder equity of £7.2M and total debt of £3.9M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are £18.0M and £10.8M respectively. Tialis Essential IT's EBIT is £433.0K making its interest coverage ratio 0.4. It has cash and short-term investments of £473.0K.
Key information
53.8%
Debt to equity ratio
UK£3.86m
Debt
Interest coverage ratio | 0.4x |
Cash | UK£473.00k |
Equity | UK£7.17m |
Total liabilities | UK£10.83m |
Total assets | UK£18.01m |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Tialis Essential IT PLC's (LON:TIA) Low P/S
Nov 15Tialis Essential IT (LON:TIA) Has A Somewhat Strained Balance Sheet
Aug 09IDE Group Holdings (LON:IDE) Is Doing The Right Things To Multiply Its Share Price
Oct 01Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)
Oct 02Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)
Jan 14Financial Position Analysis
Short Term Liabilities: TIA's short term assets (£5.9M) exceed its short term liabilities (£5.9M).
Long Term Liabilities: TIA's short term assets (£5.9M) exceed its long term liabilities (£5.0M).
Debt to Equity History and Analysis
Debt Level: TIA's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: TIA's debt to equity ratio has reduced from 230% to 53.8% 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: Insufficient data to determine if TIA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TIA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.