TechFinancials Balance Sheet Health
Financial Health criteria checks 5/6
TechFinancials has a total shareholder equity of $248.0K and total debt of $83.0K, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $413.0K and $165.0K respectively.
Key information
33.5%
Debt to equity ratio
US$83.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$318.00k |
| Equity | US$248.00k |
| Total liabilities | US$165.00k |
| Total assets | US$413.00k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TECH's short term assets ($318.0K) exceed its short term liabilities ($82.0K).
Long Term Liabilities: TECH's short term assets ($318.0K) exceed its long term liabilities ($83.0K).
Debt to Equity History and Analysis
Debt Level: TECH has more cash than its total debt.
Reducing Debt: TECH's debt to equity ratio has increased from 1.7% to 33.5% 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: TECH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TECH has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 27% each year.