TeraGo Balance Sheet Health
Financial Health criteria checks 2/6
TeraGo has a total shareholder equity of CA$7.9M and total debt of CA$24.6M, which brings its debt-to-equity ratio to 312.5%. Its total assets and total liabilities are CA$56.2M and CA$48.3M respectively.
Key information
312.5%
Debt to equity ratio
CA$24.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.73m |
| Equity | CA$7.86m |
| Total liabilities | CA$48.29m |
| Total assets | CA$56.15m |
Recent financial health updates
Is TeraGo (TSE:TGO) A Risky Investment?
Jan 07
Is TeraGo (TSE:TGO) Using Debt In A Risky Way?
Oct 05Here's Why TeraGo (TSE:TGO) Can Afford Some Debt
Jun 08TeraGo (TSE:TGO) Is Carrying A Fair Bit Of Debt
Jan 26We Think TeraGo (TSE:TGO) Has A Fair Chunk Of Debt
Sep 10We Think TeraGo (TSE:TGO) Has A Fair Chunk Of Debt
Jan 01
Recent updates
A Piece Of The Puzzle Missing From TeraGo Inc.'s (TSE:TGO) Share Price
Nov 13After Leaping 34% TeraGo Inc. (TSE:TGO) Shares Are Not Flying Under The Radar
Jun 07Even With A 45% Surge, Cautious Investors Are Not Rewarding TeraGo Inc.'s (TSE:TGO) Performance Completely
Apr 15With TeraGo Inc. (TSE:TGO) It Looks Like You'll Get What You Pay For
Feb 29Is TeraGo (TSE:TGO) A Risky Investment?
Jan 07Is TeraGo (TSE:TGO) Using Debt In A Risky Way?
Oct 05Why Investors Shouldn't Be Surprised By TeraGo Inc.'s (TSE:TGO) P/S
Aug 04Here's Why TeraGo (TSE:TGO) Can Afford Some Debt
Jun 08TeraGo (TSE:TGO) Is Carrying A Fair Bit Of Debt
Jan 26We Think TeraGo (TSE:TGO) Has A Fair Chunk Of Debt
Sep 10Does TeraGo's (TSE:TGO) Share Price Gain of 44% Match Its Business Performance?
Feb 23We Think TeraGo (TSE:TGO) Has A Fair Chunk Of Debt
Jan 01If You Had Bought TeraGo's (TSE:TGO) Shares A Year Ago You Would Be Down 46%
Jul 13Financial Position Analysis
Short Term Liabilities: TGO's short term assets (CA$8.5M) do not cover its short term liabilities (CA$34.8M).
Long Term Liabilities: TGO's short term assets (CA$8.5M) do not cover its long term liabilities (CA$13.5M).
Debt to Equity History and Analysis
Debt Level: TGO's net debt to equity ratio (239.6%) is considered high.
Reducing Debt: TGO's debt to equity ratio has increased from 59.7% to 312.5% 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: Whilst unprofitable TGO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 39.5% per year.