Till Capital Balance Sheet Health
Financial Health criteria checks 6/6
Till Capital has a total shareholder equity of $18.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $46.6M and $28.1M respectively. Till Capital's EBIT is $1.3M making its interest coverage ratio -26.3. It has cash and short-term investments of $4.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -26.3x |
Cash | US$4.02m |
Equity | US$18.54m |
Total liabilities | US$28.09m |
Total assets | US$46.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TIL's short term assets ($40.7M) exceed its short term liabilities ($28.1M).
Long Term Liabilities: TIL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TIL is debt free.
Reducing Debt: TIL had no debt 5 years ago.
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 TIL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TIL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.8% per year.