Thoughtworks Holding Balance Sheet Health

Financial Health criteria checks 3/6

Thoughtworks Holding has a total shareholder equity of $729.3M and total debt of $289.8M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are $1.2B and $517.8M respectively.

Key information

39.7%

Debt to equity ratio

US$289.84m

Debt

Interest coverage ration/a
CashUS$47.74m
EquityUS$729.33m
Total liabilitiesUS$517.77m
Total assetsUS$1.25b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 7W8's short term assets ($366.6M) exceed its short term liabilities ($141.6M).

Long Term Liabilities: 7W8's short term assets ($366.6M) do not cover its long term liabilities ($376.1M).


Debt to Equity History and Analysis

Debt Level: 7W8's net debt to equity ratio (33.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 7W8's debt to equity ratio has reduced 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: 7W8 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 7W8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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