Theratechnologies Balance Sheet Health
Financial Health criteria checks 1/6
Theratechnologies has a total shareholder equity of $-24.6M and total debt of $58.2M, which brings its debt-to-equity ratio to -236.8%. Its total assets and total liabilities are $72.1M and $96.7M respectively.
Key information
-236.8%
Debt to equity ratio
US$58.25m
Debt
Interest coverage ratio | n/a |
Cash | US$38.45m |
Equity | -US$24.60m |
Total liabilities | US$96.69m |
Total assets | US$72.09m |
Recent financial health updates
Recent updates
Theratechnologies Inc.'s (TSE:TH) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Apr 10Earnings Update: Theratechnologies Inc. (TSE:TH) Just Reported And Analysts Are Trimming Their Forecasts
Feb 24Investors Don't See Light At End Of Theratechnologies Inc.'s (TSE:TH) Tunnel And Push Stock Down 27%
Feb 07The Market Doesn't Like What It Sees From Theratechnologies Inc.'s (TSE:TH) Revenues Yet
Apr 17Financial Position Analysis
Short Term Liabilities: TH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TH 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: TH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TH'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: TH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.