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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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/24 13:45 |
| End of Day Share Price | 2022/12/22 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Taal Distributed Information Technologies Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Greg McLeish | Leede Jones Gable Inc |
| Joseph Gomes | NOBLE Capital Markets, Inc. |