Thorne HealthTech Balance Sheet Health
Financial Health criteria checks 5/6
Thorne HealthTech has a total shareholder equity of $155.3M and total debt of $25.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $282.5M and $127.3M respectively. Thorne HealthTech's EBIT is $14.0M making its interest coverage ratio 14.8. It has cash and short-term investments of $17.1M.
Key information
16.1%
Debt to equity ratio
US$24.99m
Debt
Interest coverage ratio | 14.8x |
Cash | US$17.09m |
Equity | US$155.26m |
Total liabilities | US$127.27m |
Total assets | US$282.53m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F7G's short term assets ($135.5M) exceed its short term liabilities ($56.2M).
Long Term Liabilities: F7G's short term assets ($135.5M) exceed its long term liabilities ($71.0M).
Debt to Equity History and Analysis
Debt Level: F7G's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if F7G's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: F7G's debt is well covered by operating cash flow (86.1%).
Interest Coverage: F7G's interest payments on its debt are well covered by EBIT (14.8x coverage).