Tinkerine Studios Balance Sheet Health
Financial Health criteria checks 0/6
Tinkerine Studios has a total shareholder equity of CA$-1.3M and total debt of CA$1.4M, which brings its debt-to-equity ratio to -102.6%. Its total assets and total liabilities are CA$483.2K and CA$1.8M respectively. Tinkerine Studios's EBIT is CA$31.3K making its interest coverage ratio 0.9. It has cash and short-term investments of CA$11.1K.
Key information
-102.6%
Debt to equity ratio
CA$1.37m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CA$11.13k |
| Equity | -CA$1.34m |
| Total liabilities | CA$1.82m |
| Total assets | CA$483.16k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TTD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TTD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TTD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TTD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TTD's interest payments on its debt are not well covered by EBIT (0.9x coverage).