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Tetra Bio-Pharma Balance Sheet Health
Financial Health criteria checks 0/6
Tetra Bio-Pharma has a total shareholder equity of CA$-5.9M and total debt of CA$1.7M, which brings its debt-to-equity ratio to -28.1%. Its total assets and total liabilities are CA$3.0M and CA$8.9M respectively.
Key information
-28.1%
Debt to equity ratio
CA$1.66m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$483.20k |
| Equity | -CA$5.91m |
| Total liabilities | CA$8.93m |
| Total assets | CA$3.02m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TBP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TBP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TBP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TBP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 TBP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TBP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.