Tandem Diabetes Care Balance Sheet Health
Financial Health criteria checks 4/6
Tandem Diabetes Care has a total shareholder equity of $243.1M and total debt of $347.5M, which brings its debt-to-equity ratio to 143%. Its total assets and total liabilities are $941.0M and $698.0M respectively.
Key information
143.0%
Debt to equity ratio
US$347.50m
Debt
Interest coverage ratio | n/a |
Cash | US$467.81m |
Equity | US$243.06m |
Total liabilities | US$697.98m |
Total assets | US$941.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TD5A's short term assets ($735.2M) exceed its short term liabilities ($193.0M).
Long Term Liabilities: TD5A's short term assets ($735.2M) exceed its long term liabilities ($505.0M).
Debt to Equity History and Analysis
Debt Level: TD5A has more cash than its total debt.
Reducing Debt: TD5A's debt to equity ratio has increased from 0% to 143% 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: TD5A has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TD5A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.