Teract Balance Sheet Health
Financial Health criteria checks 3/6
Teract has a total shareholder equity of €296.6M and total debt of €339.8M, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are €1.1B and €842.7M respectively.
Key information
114.6%
Debt to equity ratio
€339.80m
Debt
Interest coverage ratio | n/a |
Cash | €18.80m |
Equity | €296.60m |
Total liabilities | €842.70m |
Total assets | €1.14b |
Financial Position Analysis
Short Term Liabilities: TRACT's short term assets (€381.8M) do not cover its short term liabilities (€557.0M).
Long Term Liabilities: TRACT's short term assets (€381.8M) exceed its long term liabilities (€285.7M).
Debt to Equity History and Analysis
Debt Level: TRACT's net debt to equity ratio (108.2%) is considered high.
Reducing Debt: Insufficient data to determine if TRACT'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: Whilst unprofitable TRACT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRACT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24% per year.