Team Balance Sheet Health
Financial Health criteria checks 3/6
Team has a total shareholder equity of $17.9M and total debt of $315.9M, which brings its debt-to-equity ratio to 1765.3%. Its total assets and total liabilities are $545.4M and $527.5M respectively.
Key information
1,765.3%
Debt to equity ratio
US$315.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.09m |
| Equity | US$17.90m |
| Total liabilities | US$527.47m |
| Total assets | US$545.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T9CA's short term assets ($314.9M) exceed its short term liabilities ($174.8M).
Long Term Liabilities: T9CA's short term assets ($314.9M) do not cover its long term liabilities ($352.7M).
Debt to Equity History and Analysis
Debt Level: T9CA's net debt to equity ratio (1658.6%) is considered high.
Reducing Debt: T9CA's debt to equity ratio has increased from 77.4% to 1765.3% 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 T9CA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T9CA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.4% per year.