Tucows Balance Sheet Health
Financial Health criteria checks 1/6
Tucows has a total shareholder equity of $9.9M and total debt of $544.6M, which brings its debt-to-equity ratio to 5515.3%. Its total assets and total liabilities are $798.4M and $788.6M respectively.
Key information
5,515.3%
Debt to equity ratio
US$544.64m
Debt
Interest coverage ratio | n/a |
Cash | US$92.69m |
Equity | US$9.88m |
Total liabilities | US$788.55m |
Total assets | US$798.43m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TC's short term assets ($242.8M) exceed its short term liabilities ($201.3M).
Long Term Liabilities: TC's short term assets ($242.8M) do not cover its long term liabilities ($587.2M).
Debt to Equity History and Analysis
Debt Level: TC's net debt to equity ratio (4576.7%) is considered high.
Reducing Debt: TC's debt to equity ratio has increased from 81% to 5515.3% over the past 5 years.
Debt Coverage: TC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TC's interest payments on its debt are well covered by EBIT.