Tandem Diabetes Care Balance Sheet Health
Financial Health criteria checks 4/6
Tandem Diabetes Care has a total shareholder equity of $237.7M and total debt of $348.4M, which brings its debt-to-equity ratio to 146.6%. Its total assets and total liabilities are $957.7M and $720.0M respectively.
Key information
146.6%
Debt to equity ratio
US$348.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$473.31m |
| Equity | US$237.71m |
| Total liabilities | US$720.02m |
| Total assets | US$957.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T2ND34's short term assets ($752.8M) exceed its short term liabilities ($259.3M).
Long Term Liabilities: T2ND34's short term assets ($752.8M) exceed its long term liabilities ($460.7M).
Debt to Equity History and Analysis
Debt Level: T2ND34 has more cash than its total debt.
Reducing Debt: T2ND34's debt to equity ratio has increased from 0% to 146.6% 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: T2ND34 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if T2ND34 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.