This company listing is no longer active
Taal Distributed Information Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Key information
10.6%
Debt to equity ratio
CA$6.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.12m |
| Equity | CA$64.51m |
| Total liabilities | CA$10.64m |
| Total assets | CA$75.15m |
Recent financial health updates
Taal Distributed Information Technologies (CSE:TAAL) Will Have To Spend Its Cash Wisely
Sep 15
Is Taal Distributed Information Technologies (CSE:TAAL) In A Good Position To Invest In Growth?
Jun 04Recent updates
Taal Distributed Information Technologies' (CSE:TAAL) Robust Earnings Are Not All Good News For Shareholders
Aug 19Taal Distributed Information Technologies (CSE:TAAL) Will Have To Spend Its Cash Wisely
Sep 15Is Taal Distributed Information Technologies (CSE:TAAL) In A Good Position To Invest In Growth?
Jun 04Who Has Been Buying Taal Distributed Information Technologies Inc. (CSE:TAAL) Shares?
Feb 19Shareholders Are Thrilled That The Taal Distributed Information Technologies (CSE:TAAL) Share Price Increased 149%
Jan 01
Financial Position Analysis
Short Term Liabilities: TAAL's short term assets (CA$16.7M) exceed its short term liabilities (CA$2.6M).
Long Term Liabilities: TAAL's short term assets (CA$16.7M) exceed its long term liabilities (CA$8.1M).
Debt to Equity History and Analysis
Debt Level: TAAL has more cash than its total debt.
Reducing Debt: TAAL's debt to equity ratio has increased from 0% to 10.6% 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: TAAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TAAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51.5% each year