Tecsys Balance Sheet Health
Financial Health criteria checks 6/6
Tecsys has a total shareholder equity of CA$72.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$128.0M and CA$56.0M respectively. Tecsys's EBIT is CA$4.0M making its interest coverage ratio -4.7. It has cash and short-term investments of CA$33.2M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -4.7x |
| Cash | CA$33.21m |
| Equity | CA$71.95m |
| Total liabilities | CA$56.00m |
| Total assets | CA$127.96m |
Recent financial health updates
Does Tecsys (TSE:TCS) Have A Healthy Balance Sheet?
May 31
Tecsys (TSE:TCS) Seems To Use Debt Rather Sparingly
Dec 30Does Tecsys (TSE:TCS) Have A Healthy Balance Sheet?
Aug 24Tecsys (TSE:TCS) Could Easily Take On More Debt
Feb 26Recent updates
Capital Allocation Trends At Tecsys (TSE:TCS) Aren't Ideal
Jan 26Calculating The Fair Value Of Tecsys Inc. (TSE:TCS)
Nov 29Tecsys' (TSE:TCS) Dividend Will Be CA$0.075
Sep 12Tecsys' (TSE:TCS) Returns On Capital Not Reflecting Well On The Business
Aug 31Tecsys (TSE:TCS) Has Affirmed Its Dividend Of CA$0.075
Jul 03Tecsys' (TSE:TCS) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 10Be Wary Of Tecsys (TSE:TCS) And Its Returns On Capital
Feb 14The Returns On Capital At Tecsys (TSE:TCS) Don't Inspire Confidence
Jul 21Does Tecsys (TSE:TCS) Have A Healthy Balance Sheet?
May 31Tecsys (TSE:TCS) Has Affirmed Its Dividend Of CA$0.07
Mar 15Tecsys (TSE:TCS) Seems To Use Debt Rather Sparingly
Dec 30Is Tecsys Inc. (TSE:TCS) Worth CA$58.4 Based On Its Intrinsic Value?
Nov 03Tecsys (TSE:TCS) Is Reinvesting At Lower Rates Of Return
Oct 19We Think Some Shareholders May Hesitate To Increase Tecsys Inc.'s (TSE:TCS) CEO Compensation
Sep 05Does Tecsys (TSE:TCS) Have A Healthy Balance Sheet?
Aug 24Do Tecsys's (TSE:TCS) Earnings Warrant Your Attention?
Jul 22Is Tecsys Inc. (TSE:TCS) Expensive For A Reason? A Look At Its Intrinsic Value
May 27What Percentage Of Tecsys Inc. (TSE:TCS) Shares Do Insiders Own?
Mar 16Tecsys (TSE:TCS) Could Easily Take On More Debt
Feb 26Financial Position Analysis
Short Term Liabilities: TCS's short term assets (CA$78.4M) exceed its short term liabilities (CA$53.3M).
Long Term Liabilities: TCS's short term assets (CA$78.4M) exceed its long term liabilities (CA$2.7M).
Debt to Equity History and Analysis
Debt Level: TCS is debt free.
Reducing Debt: TCS has no debt compared to 5 years ago when its debt to equity ratio was 30%.
Debt Coverage: TCS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCS has no debt, therefore coverage of interest payments is not a concern.