Top Shelf International Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Top Shelf International Holdings has a total shareholder equity of A$40.1M and total debt of A$23.6M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are A$84.6M and A$44.5M respectively.
Key information
58.9%
Debt to equity ratio
AU$23.61m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.79m |
Equity | AU$40.11m |
Total liabilities | AU$44.54m |
Total assets | AU$84.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSI's short term assets (A$26.0M) do not cover its short term liabilities (A$35.7M).
Long Term Liabilities: TSI's short term assets (A$26.0M) exceed its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: TSI's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: Insufficient data to determine if TSI's debt to equity ratio has reduced 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: TSI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TSI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.5% each year