TILT Holdings Balance Sheet Health
Financial Health criteria checks 2/6
TILT Holdings has a total shareholder equity of $62.4M and total debt of $52.2M, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are $231.2M and $168.8M respectively.
Key information
83.6%
Debt to equity ratio
US$52.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.03m |
| Equity | US$62.39m |
| Total liabilities | US$168.80m |
| Total assets | US$231.19m |
Recent financial health updates
Would TILT Holdings (CSE:TILT) Be Better Off With Less Debt?
Jun 16
Is TILT Holdings (CSE:TILT) Using Too Much Debt?
Feb 12
Recent updates
Would TILT Holdings (CSE:TILT) Be Better Off With Less Debt?
Jun 16TILT Holdings Inc.'s (CSE:TILT) About To Shift From Loss To Profit
May 12These Analysts Think TILT Holdings Inc.'s (CSE:TILT) Earnings Are Under Threat
Feb 18Is TILT Holdings (CSE:TILT) Using Too Much Debt?
Feb 12TILT Holdings Inc.'s (CSE:TILT) Has Found A Path To Profitability
Jan 08TILT Holdings' (CSE:TILT) Shareholders Are Down 32% On Their Shares
Nov 25Financial Position Analysis
Short Term Liabilities: TILT's short term assets ($56.3M) do not cover its short term liabilities ($76.1M).
Long Term Liabilities: TILT's short term assets ($56.3M) do not cover its long term liabilities ($92.7M).
Debt to Equity History and Analysis
Debt Level: TILT's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: TILT's debt to equity ratio has increased from 0% to 83.6% 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: Whilst unprofitable TILT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TILT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49% per year.