Thrive Tribe Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Thrive Tribe Technologies has a total shareholder equity of A$2.3M and total debt of A$150.0K, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are A$3.3M and A$1.0M respectively.
Key information
6.5%
Debt to equity ratio
AU$150.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$156.32k |
| Equity | AU$2.29m |
| Total liabilities | AU$1.00m |
| Total assets | AU$3.29m |
Financial Position Analysis
Short Term Liabilities: 1TT's short term assets (A$1.8M) exceed its short term liabilities (A$1.0M).
Long Term Liabilities: 1TT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1TT has more cash than its total debt.
Reducing Debt: 1TT's debt to equity ratio has increased from 0% to 6.5% 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: 1TT has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1TT is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.