Tialis Essential IT Balance Sheet Health
Financial Health criteria checks 4/6
Tialis Essential IT has a total shareholder equity of £5.9M and total debt of £4.2M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are £15.3M and £9.3M respectively.
Key information
71.2%
Debt to equity ratio
UK£4.22m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£613.00k |
| Equity | UK£5.92m |
| Total liabilities | UK£9.34m |
| Total assets | UK£15.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U6M's short term assets (£5.0M) do not cover its short term liabilities (£8.0M).
Long Term Liabilities: U6M's short term assets (£5.0M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: U6M's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: U6M's debt to equity ratio has reduced from 80.2% to 71.2% 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: Whilst unprofitable U6M has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: U6M is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.8% per year.