TAAT Global Alternatives Balance Sheet Health
Financial Health criteria checks 1/6
TAAT Global Alternatives has a total shareholder equity of CA$2.9M and total debt of CA$4.6M, which brings its debt-to-equity ratio to 158.9%. Its total assets and total liabilities are CA$16.8M and CA$13.9M respectively.
Key information
158.9%
Debt to equity ratio
CA$4.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$537.02k |
| Equity | CA$2.89m |
| Total liabilities | CA$13.91m |
| Total assets | CA$16.80m |
Recent financial health updates
Here's Why TAAT Global Alternatives (CSE:TAAT) Must Use Its Cash Wisely
Mar 05
Is TAAT Global Alternatives (CSE:TAAT) In A Good Position To Deliver On Growth Plans?
Aug 30Recent updates
TAAT Global Alternatives Inc.'s (CSE:TAAT) 38% Dip In Price Shows Sentiment Is Matching Revenues
Apr 17Here's Why TAAT Global Alternatives (CSE:TAAT) Must Use Its Cash Wisely
Mar 05Is TAAT Global Alternatives (CSE:TAAT) In A Good Position To Deliver On Growth Plans?
Aug 30Did TAAT Lifestyle & Wellness Ltd. (CSE:TAAT) Insiders Sell Shares?
Nov 20Financial Position Analysis
Short Term Liabilities: TAAT's short term assets (CA$10.7M) do not cover its short term liabilities (CA$11.2M).
Long Term Liabilities: TAAT's short term assets (CA$10.7M) exceed its long term liabilities (CA$2.7M).
Debt to Equity History and Analysis
Debt Level: TAAT's net debt to equity ratio (140.3%) is considered high.
Reducing Debt: TAAT's debt to equity ratio has increased from 23.6% to 158.9% 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: Insufficient data to determine if TAAT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TAAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.