TVI Pacific Balance Sheet Health
Financial Health criteria checks 1/6
TVI Pacific has a total shareholder equity of CA$20.5M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CA$25.8M and CA$5.3M respectively.
Key information
5.8%
Debt to equity ratio
CA$1.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$126.54k |
| Equity | CA$20.50m |
| Total liabilities | CA$5.28m |
| Total assets | CA$25.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVI's short term assets (CA$146.8K) do not cover its short term liabilities (CA$3.6M).
Long Term Liabilities: TVI's short term assets (CA$146.8K) do not cover its long term liabilities (CA$1.7M).
Debt to Equity History and Analysis
Debt Level: TVI's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: TVI's debt to equity ratio has increased from 0% to 5.8% 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: TVI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TVI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.3% each year