TECO 2030 Balance Sheet Health
Financial Health criteria checks 3/6
TECO 2030 has a total shareholder equity of NOK39.0M and total debt of NOK17.9M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are NOK508.3M and NOK469.3M respectively.
Key information
45.8%
Debt to equity ratio
NOK 17.85m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 2.77m |
| Equity | NOK 38.96m |
| Total liabilities | NOK 469.31m |
| Total assets | NOK 508.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TE9's short term assets (NOK92.0M) do not cover its short term liabilities (NOK271.8M).
Long Term Liabilities: TE9's short term assets (NOK92.0M) do not cover its long term liabilities (NOK197.5M).
Debt to Equity History and Analysis
Debt Level: TE9's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TE9's debt to equity ratio has reduced 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: TE9 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TE9 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.