Team Balance Sheet Health
Financial Health criteria checks 3/6
Team has a total shareholder equity of $45.6M and total debt of $305.7M, which brings its debt-to-equity ratio to 670.4%. Its total assets and total liabilities are $565.7M and $520.1M respectively.
Key information
670.4%
Debt to equity ratio
US$305.67m
Debt
Interest coverage ratio | n/a |
Cash | US$35.43m |
Equity | US$45.60m |
Total liabilities | US$520.15m |
Total assets | US$565.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T9CA's short term assets ($322.1M) exceed its short term liabilities ($174.9M).
Long Term Liabilities: T9CA's short term assets ($322.1M) do not cover its long term liabilities ($345.2M).
Debt to Equity History and Analysis
Debt Level: T9CA's net debt to equity ratio (592.7%) is considered high.
Reducing Debt: T9CA's debt to equity ratio has increased from 77% to 670.4% 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: T9CA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: T9CA has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 23.5% each year.