Tivan Balance Sheet Health
Financial Health criteria checks 4/6
Tivan has a total shareholder equity of A$13.8M and total debt of A$3.4M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are A$27.6M and A$13.8M respectively.
Key information
24.9%
Debt to equity ratio
AU$3.44m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$378.00k |
| Equity | AU$13.83m |
| Total liabilities | AU$13.82m |
| Total assets | AU$27.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVN's short term assets (A$760.0K) do not cover its short term liabilities (A$13.7M).
Long Term Liabilities: TVN's short term assets (A$760.0K) exceed its long term liabilities (A$127.0K).
Debt to Equity History and Analysis
Debt Level: TVN's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: TVN's debt to equity ratio has increased from 0% to 24.9% 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: TVN has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TVN is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.