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ThermoGenesis Holdings Balance Sheet Health
Financial Health criteria checks 3/6
ThermoGenesis Holdings has a total shareholder equity of $2.6M and total debt of $7.2M, which brings its debt-to-equity ratio to 272.6%. Its total assets and total liabilities are $17.6M and $15.0M respectively.
Key information
272.6%
Debt to equity ratio
US$7.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.45m |
| Equity | US$2.63m |
| Total liabilities | US$14.98m |
| Total assets | US$17.61m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THRP's short term assets ($8.5M) do not cover its short term liabilities ($11.0M).
Long Term Liabilities: THRP's short term assets ($8.5M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: THRP's net debt to equity ratio (103.2%) is considered high.
Reducing Debt: THRP's debt to equity ratio has increased from 80.3% to 272.6% 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: THRP has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: THRP is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.