Tialis Essential IT Balance Sheet Health
Financial Health criteria checks 4/6
Tialis Essential IT has a total shareholder equity of £5.9M and total debt of £4.2M, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are £15.3M and £9.3M respectively.
Key information
71.2%
Debt to equity ratio
UK£4.22m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£613.00k |
| Equity | UK£5.92m |
| Total liabilities | UK£9.34m |
| Total assets | UK£15.26m |
Recent financial health updates
Recent updates
Investors Holding Back On Tialis Essential IT PLC (LON:TIA)
Nov 15
Why Investors Shouldn't Be Surprised By Tialis Essential IT PLC's (LON:TIA) Low P/S
Nov 15Tialis Essential IT (LON:TIA) Has A Somewhat Strained Balance Sheet
Aug 09IDE Group Holdings (LON:IDE) Is Doing The Right Things To Multiply Its Share Price
Oct 01Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)
Oct 02Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)
Jan 14Financial Position Analysis
Short Term Liabilities: TIA's short term assets (£5.0M) do not cover its short term liabilities (£8.0M).
Long Term Liabilities: TIA's short term assets (£5.0M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: TIA's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: TIA's debt to equity ratio has reduced from 80.2% to 71.2% 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 TIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TIA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.8% per year.