Top Shelf International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Top Shelf International Holdings has a total shareholder equity of A$40.5M and total debt of A$23.7M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are A$83.9M and A$43.4M respectively.
Key information
58.4%
Debt to equity ratio
AU$23.66m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.96m |
| Equity | AU$40.52m |
| Total liabilities | AU$43.42m |
| Total assets | AU$83.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSI's short term assets (A$25.1M) do not cover its short term liabilities (A$35.6M).
Long Term Liabilities: TSI's short term assets (A$25.1M) exceed its long term liabilities (A$7.8M).
Debt to Equity History and Analysis
Debt Level: TSI's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: TSI's debt to equity ratio has reduced from 71.3% to 58.4% 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 15.4% each year