Titomic Balance Sheet Health
Financial Health criteria checks 5/6
Titomic has a total shareholder equity of A$680.4K and total debt of A$241.1K, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are A$7.9M and A$7.2M respectively.
Key information
35.4%
Debt to equity ratio
AU$241.10k
Debt
Interest coverage ratio | n/a |
Cash | AU$1.56m |
Equity | AU$680.38k |
Total liabilities | AU$7.19m |
Total assets | AU$7.87m |
Recent financial health updates
Is Titomic (ASX:TTT) In A Good Position To Deliver On Growth Plans?
Jun 03We're Hopeful That Titomic (ASX:TTT) Will Use Its Cash Wisely
Jan 05Recent updates
Is Titomic (ASX:TTT) In A Good Position To Deliver On Growth Plans?
Jun 03Titomic's(ASX:TTT) Share Price Is Down 54% Over The Past Three Years.
Mar 02When Will Titomic Limited (ASX:TTT) Turn A Profit?
Feb 02We're Hopeful That Titomic (ASX:TTT) Will Use Its Cash Wisely
Jan 05How Much Are Titomic Limited (ASX:TTT) Insiders Taking Off The Table?
Dec 08Financial Position Analysis
Short Term Liabilities: TTT's short term assets (A$7.4M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: TTT's short term assets (A$7.4M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: TTT has more cash than its total debt.
Reducing Debt: TTT's debt to equity ratio has increased from 0% to 35.4% 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: TTT has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TTT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.