Tempus Capital Balance Sheet Health
Financial Health criteria checks 2/6
Tempus Capital has a total shareholder equity of CA$2.3M and total debt of CA$3.4M, which brings its debt-to-equity ratio to 146.4%. Its total assets and total liabilities are CA$6.1M and CA$3.8M respectively. Tempus Capital's EBIT is CA$143.6K making its interest coverage ratio 0.4. It has cash and short-term investments of CA$176.8K.
Key information
146.4%
Debt to equity ratio
CA$3.38m
Debt
Interest coverage ratio | 0.4x |
Cash | CA$176.82k |
Equity | CA$2.31m |
Total liabilities | CA$3.82m |
Total assets | CA$6.13m |
Financial Position Analysis
Short Term Liabilities: TEMP's short term assets (CA$298.1K) do not cover its short term liabilities (CA$3.6M).
Long Term Liabilities: TEMP's short term assets (CA$298.1K) exceed its long term liabilities (CA$265.2K).
Debt to Equity History and Analysis
Debt Level: TEMP's net debt to equity ratio (138.8%) is considered high.
Reducing Debt: TEMP's debt to equity ratio has reduced from 183% to 146.4% over the past 5 years.
Debt Coverage: TEMP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TEMP's interest payments on its debt are not well covered by EBIT (0.4x coverage).