TOMI Environmental Solutions Balance Sheet Health
Financial Health criteria checks 4/6
TOMI Environmental Solutions has a total shareholder equity of $7.4M and total debt of $2.3M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are $12.5M and $5.1M respectively.
Key information
31.9%
Debt to equity ratio
US$2.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$809.04k |
| Equity | US$7.35m |
| Total liabilities | US$5.11m |
| Total assets | US$12.46m |
Recent financial health updates
Would TOMI Environmental Solutions (NASDAQ:TOMZ) Be Better Off With Less Debt?
Aug 05
Does TOMI Environmental Solutions (NASDAQ:TOMZ) Have A Healthy Balance Sheet?
Apr 03Recent updates
Shareholders May Be More Conservative With TOMI Environmental Solutions, Inc.'s (NASDAQ:TOMZ) CEO Compensation For Now
Nov 13Would TOMI Environmental Solutions (NASDAQ:TOMZ) Be Better Off With Less Debt?
Aug 05Does TOMI Environmental Solutions (NASDAQ:TOMZ) Have A Healthy Balance Sheet?
Apr 03We Discuss Why TOMI Environmental Solutions, Inc.'s (NASDAQ:TOMZ) CEO Compensation May Be Closely Reviewed
Sep 06TOMI Environmental rises as SteraMist to be used in influenza vaccine facility in Australia
Oct 18TOMI Environmental Solutions Q2 GAAP EPS of -$0.04, revenue of $1.46M
Aug 15TOMI Environmental receives follow-on order from ITH Pharmaceuticals
Dec 17TOMI Environmental Solutions reports Q3 results
Nov 12Financial Position Analysis
Short Term Liabilities: TOMZ's short term assets ($9.1M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: TOMZ's short term assets ($9.1M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: TOMZ's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: TOMZ's debt to equity ratio has reduced from 349.4% to 31.9% 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: TOMZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TOMZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.1% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TOMI Environmental Solutions, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | H.C. Wainwright & Co. |