Transgene Balance Sheet Health
Financial Health criteria checks 0/6
Transgene has a total shareholder equity of €-616.0K and total debt of €36.7M, which brings its debt-to-equity ratio to -5956.7%. Its total assets and total liabilities are €50.8M and €51.4M respectively.
Key information
-5,956.7%
Debt to equity ratio
€36.69m
Debt
| Interest coverage ratio | n/a |
| Cash | €15.32m |
| Equity | -€616.00k |
| Total liabilities | €51.37m |
| Total assets | €50.75m |
Recent financial health updates
Is Transgene (EPA:TNG) Using Too Much Debt?
Jun 15
Does Transgene (EPA:TNG) Have A Healthy Balance Sheet?
Mar 18Transgene (EPA:TNG) Has Debt But No Earnings; Should You Worry?
Nov 24Health Check: How Prudently Does Transgene (EPA:TNG) Use Debt?
Apr 16Recent updates
Is Transgene (EPA:TNG) Using Too Much Debt?
Jun 15Downgrade: Here's How Analysts See Transgene SA (EPA:TNG) Performing In The Near Term
Mar 21Transgene SA (EPA:TNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 19Does Transgene (EPA:TNG) Have A Healthy Balance Sheet?
Mar 18Transgene (EPA:TNG) Has Debt But No Earnings; Should You Worry?
Nov 24Health Check: How Prudently Does Transgene (EPA:TNG) Use Debt?
Apr 16What Type Of Shareholders Own The Most Number of Transgene SA (EPA:TNG) Shares?
Mar 12Does Transgene's (EPA:TNG) Share Price Gain of 62% Match Its Business Performance?
Jan 23
Financial Position Analysis
Short Term Liabilities: TNG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TNG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TNG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TNG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: TNG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.1% each year