Tan Delta Systems Balance Sheet Health
Financial Health criteria checks 5/6
Tan Delta Systems has a total shareholder equity of £4.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.7M and £330.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.62m |
| Equity | UK£4.39m |
| Total liabilities | UK£330.00k |
| Total assets | UK£4.72m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TAND's short term assets (£4.4M) exceed its short term liabilities (£272.0K).
Long Term Liabilities: TAND's short term assets (£4.4M) exceed its long term liabilities (£58.0K).
Debt to Equity History and Analysis
Debt Level: TAND is debt free.
Reducing Debt: TAND had no debt 5 years ago.
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: TAND has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TAND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 72.8% each year