Traffic Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Traffic Technologies has a total shareholder equity of A$3.1M and total debt of A$9.2M, which brings its debt-to-equity ratio to 292.5%. Its total assets and total liabilities are A$31.3M and A$28.2M respectively.
Key information
292.5%
Debt to equity ratio
AU$9.18m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.03m |
| Equity | AU$3.14m |
| Total liabilities | AU$28.17m |
| Total assets | AU$31.31m |
Recent financial health updates
Does Traffic Technologies (ASX:TTI) Have A Healthy Balance Sheet?
Mar 02
Traffic Technologies (ASX:TTI) Has Debt But No Earnings; Should You Worry?
Nov 03Here's Why Traffic Technologies (ASX:TTI) Is Weighed Down By Its Debt Load
Jun 22Is Traffic Technologies (ASX:TTI) Using Too Much Debt?
Dec 09Auditors Are Concerned About Traffic Technologies (ASX:TTI)
Sep 01Is Traffic Technologies (ASX:TTI) Using Too Much Debt?
Jun 08Recent updates
Does Traffic Technologies (ASX:TTI) Have A Healthy Balance Sheet?
Mar 02Traffic Technologies Limited's (ASX:TTI) CEO Compensation Is Looking A Bit Stretched At The Moment
Nov 22Traffic Technologies (ASX:TTI) Has Debt But No Earnings; Should You Worry?
Nov 03Here's Why Traffic Technologies (ASX:TTI) Is Weighed Down By Its Debt Load
Jun 22Some Investors May Be Worried About Traffic Technologies' (ASX:TTI) Returns On Capital
Apr 14Is Traffic Technologies (ASX:TTI) Using Too Much Debt?
Dec 09Traffic Technologies (ASX:TTI) Is Experiencing Growth In Returns On Capital
Jun 28Returns On Capital Are Showing Encouraging Signs At Traffic Technologies (ASX:TTI)
Mar 03Auditors Are Concerned About Traffic Technologies (ASX:TTI)
Sep 01Is Traffic Technologies (ASX:TTI) Using Too Much Debt?
Jun 08How Much Did Traffic Technologies' (ASX:TTI) CEO Pocket Last Year?
Feb 22Financial Position Analysis
Short Term Liabilities: TTI's short term assets (A$20.1M) do not cover its short term liabilities (A$21.8M).
Long Term Liabilities: TTI's short term assets (A$20.1M) exceed its long term liabilities (A$6.3M).
Debt to Equity History and Analysis
Debt Level: TTI's net debt to equity ratio (259.6%) is considered high.
Reducing Debt: TTI's debt to equity ratio has increased from 66.6% to 292.5% 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: Whilst unprofitable TTI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TTI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.4% per year.