Tekna Holding Balance Sheet Health
Financial Health criteria checks 2/6
Tekna Holding has a total shareholder equity of CA$30.2M and total debt of CA$31.2M, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are CA$72.5M and CA$42.4M respectively.
Key information
103.3%
Debt to equity ratio
CA$31.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.32m |
| Equity | CA$30.19m |
| Total liabilities | CA$42.35m |
| Total assets | CA$72.54m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TEKNAO's short term assets (CA$36.5M) exceed its short term liabilities (CA$9.8M).
Long Term Liabilities: TEKNAO's short term assets (CA$36.5M) exceed its long term liabilities (CA$32.5M).
Debt to Equity History and Analysis
Debt Level: TEKNAO's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: Insufficient data to determine if TEKNAO'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: TEKNAO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TEKNAO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.5% each year